MADRID (Reuters) -The potential impact of an alleged spying case on Spain's second-biggest bank BBVA is difficult to estimate in terms of fines or reputational damage, the head of Spain's stock market supervisor, Rodrigo Buenaventura, said on Friday. A Spanish High Court judge on Thursday proposed that BBVA and its former chairman stand trial for alleged bribery and disclosure of company secrets following a probe into alleged corporate spying. A BBVA spokesperson said no criminal liability "arises for the entity from the events under investigation" and its priority had always been to cooperate fully with the courts.
A Spanish High Court judge proposed Spain's second-largest lender BBVA and its former chairman stand trial for alleged bribery and disclosure of company secrets following a probe into alleged corporate spying, a court document showed on Thursday. BBVA and legal representatives for ex-chairman Francisco Gonzalez declined to comment. BBVA was placed under investigation in July 2019 for hiring a private investigation agency allegedly run by former Police Commissioner Jose Manuel Villarejo.
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