The Madrid Medical Association violates its bylaws and will not submit its 2024 financial statements on time.

The Illustrious Official College of Physicians of Madrid (Icomem) has informed its members of the suspension of the General Assembly scheduled for the first half of 2025. "It has had to be delayed due to imperatives beyond the control of this Board of Directors given that, due to having to carry out additional audit procedures at the request of the candidate who has the electoral process judicialized, the auditing firm Ernst&Young SL . has not yet delivered the audit report to be presented to said collegiate body," they state on their website . "As soon as the report is delivered and approved in Plenary and it is clarified who should be summoned as delegates, the Board of Directors will convene said assembly ," they assure.

For its part, the Icomem Para Todos team, chaired by the winner of the December elections, Tomás Merina , assures this newspaper that "after years of waste, Madrid doctors will not be allowed to know how much money remains in the fund." They add that the organization's bylaws dictate that "a General Assembly must be convened" in the first half of each year to "present the financial report for the current year and close out the previous year's financial statements."

"The Board of Directors already evaded its obligation to submit the budgets for that fiscal year in the last quarter of 2024. Now, it is deepening the exceptional situation by evading its statutory obligation to convene a General Assembly to approve those accounts before July," they continue.

In fact, article 26 of the statutes describes the following: "The Treasurer has the following functions: 3. To present, annually, within the first half of each year, to the Plenary Session of the Board of Directors and to the General Assembly , the Financial Report together with the balance sheet, income statement and budget liquidation, closed on December 31 of the previous year, for approval or rejection."

Furthermore, Article 54 states the following: "The Illustrious Official College of Physicians of Madrid will annually prepare the draft budget of its income and expenses, as well as its investments, which must be submitted by the Board of Directors during the last quarter of each year for the approval of the General Assembly. Likewise, within the first half of each year , the Board of Directors must present to the General Assembly the balance sheet, income statement and budget liquidation, closed as of December 31 of the previous year , for its approval or rejection. Previously, said financial statements, accompanied by the supporting documents of income and expenses incurred, will have been made available to any Member who requests it." Therefore, since this Tuesday, the college has six days to present all the documentation.

Likewise, Icomem Para Todos clarifies that Tomás Merina contacted the auditing firm to "report some concerning aspects of the college's treasury." This information was contained in a "purely informative" document sent to Ernst & Young to support its work to protect the common assets of Madrid's doctors. "Under no circumstances can the submission of this information serve as an excuse to paralyze the statutory budget approval process ," they comment.

"Icomem Para Todos cannot accept this breach of the Statutes. All doctors have the right to know the College's accounts. It is an unclassifiable fact that a Board that lost the elections (they finished third) remains in the College six months later and decides to hide the institution's financial reality."

The Illustrious Official College of Physicians of Madrid (Icomem) has informed its members of the suspension of the General Assembly scheduled for the first half of 2025. "It has had to be delayed due to imperatives beyond the control of this Board of Directors given that, due to having to carry out additional audit procedures at the request of the candidate who has the electoral process judicialized, the auditing firm Ernst&Young SL . has not yet delivered the audit report to be presented to said collegiate body," they state on their website . "As soon as the report is delivered and approved in Plenary and it is clarified who should be summoned as delegates, the Board of Directors will convene said assembly ," they assure.