What the outlet published · Sentence 1
“Que esto es una estafa. ¿Por qué? Porque nunca fueron presentadas por parte de la antigua administración las cuentas del 23 y del 24.”
Translation · ES
That this is a fraud. Why? Because the accounts for 23 and 24 were never filed by the previous management.
What the documents say
«Iván Sanahuja y Raúl Rojas, antiguos propietarios y fundadores de Reggaeton Beach Festival, niegan categóricamente haber cometido las conductas fraudulentas o de ocultación de información que se les atribuyen.» «Es cierto que determinadas cuentas anuales de algunas sociedades no llegaron a depositarse en el Registro Mercantil. Sin embargo, dichas cuentas habían sido formuladas y aprobadas, quedando pendiente su depósito registral por circunstancias administrativas y contables.» «La falta de depósito registral de determinadas cuentas no significa que estas no existieran ni acredita que la información financiera hubiera sido ocultada a los compradores, y tampoco constituye por sí misma prueba de una actuación fraudulenta.» «El propio Gianmaria Borra Cerruti aparece identificado en el Master Term Sheet de 4 de febrero de 2026 como responsable de "Supervisión Financiera", figurando entre sus funciones la coordinación de procesos de due diligence.»
Translation
"Iván Sanahuja and Raúl Rojas, former owners and founders of Reggaeton Beach Festival, categorically deny having committed the fraudulent conduct or concealment of information attributed to them."
"It is true that certain annual accounts of some companies were never filed at the Companies Register. However, those accounts had been drawn up and approved, with only the registry filing outstanding for administrative and accounting reasons."
"The failure to file certain accounts does not mean they did not exist, nor does it show that the financial information was concealed from the buyers, and it does not in itself constitute proof of fraudulent conduct."
"Gianmaria Borra Cerruti himself is identified in the Master Term Sheet of 4 February 2026 as the person responsible for 'Financial Supervision', with the coordination of due diligence processes among his duties."
Iván Sanahuja and Raúl Rojas, right of rectification under Organic Law 2/1984, published in full by Crónica Global on 18 August 2026. EDITOR'S NOTE: they concede the fact — some accounts were not filed — and dispute the conclusion drawn from it. That is a stronger reply than a blanket denial.