Manuel Fernandez de Sousa, former president of the now diluted Pescanova, is asking for his acquittal in the trial as responsible for the insolvency of the company, saying Nueva Pescanova is now a viable business under new management, reports La Voz de Galicia.

De Sousa is trialed for his responsibility in the bankruptcy of the Spanish giant, which was declared insolvent in 2013 after a number of irregularities were found. The company went into receivership with a debt of €3.6