Sacked CAM manager files jobless claim

María Dolores Amorós, the former general manager of the failed savings bank Caja del Mediterráneo (CAM), who was sacked after securing a controversial annual pension for life of 370,000 euros, has filed a claim for unemployment benefits.

Amorós was dismissed without severance pay shortly after the Bank of Spain took over CAM for irregularities regarding the award of the pension and her presentation of the bank's financial accounts, accusations she denies. Other top-ranking managers in CAM also received huge pay-offs before the bank was intervened.

Amorós filed her claim with a Valencia employment office last Friday. She could expect to receive monthly unemployment benefits worth some 1,400 euros a month.