Javier de la Rosa explained

Francisco Javier de la Rosa (born 1947) is a Spanish lawyer and businessman.

De la Rosa was the head of the Spanish conglomerate called Grupo Torras during the six years from 1986 to 1992, when the London-based Kuwait Investment Office (KIO) invested $5 billion in Torras. KIO state that as much as $1 billion was stolen, and much of the rest "squandered through egregious mismanagement".^{[1] [2] [3]}

De la Rosa's name has appeared in the leaked Panama Papers.^{[4] [5]}

Notes and References

1. Web site: Missing Millions -- Kuwait's Bad Bet -- A special report.; Big Wallets and Little Supervision. 28 September 1993. The New York Times.
2. Book: Sara Bazoobandi. The Political Economy of the Gulf Sovereign Wealth Funds: A Case Study of Iran, Kuwait, Saudi Arabia and the United Arab Emirates. 16 April 2016. 2013. Routledge. 978-0-415-52222-9. 44–46.
3. Book: Jill Crystal. Oil and Politics in the Gulf: Rulers and Merchants in Kuwait and Qatar. 16 April 2016. 27 January 1995. Cambridge University Press. 978-0-521-46635-6. 176–177.
4. Web site: Papeles de Panamá: De la Rosa cobró 2,4 millones en Guernsey por la venta de las oficinas del Sabadell. Noticias de Papeles Panamá. José María Olmo. 8 April 2016. El Confidencial.
5. Web site: Papeles de Panamá: Toda la verdad sobre los "Panamá papers" y el gran Garganté. Crónica Global. Crónica global.