Larger corruption spot in Spain: Former Financiënminister may have received millions

Larger corruption spot in Spain: Former Financiënminister may have received millions

Again there is a corruption scandal within Spanish politics. While the current government is faltering by a corruption case, the police are now also investigating whether a former finance minister has received millions from energy companies.

In the case, the police focus on 28 people, but the most striking name is Cristóbal Montoro. He was Minister of Finance from 2011 to 2016. The Spanish police say they have evidence that Between 2008 and 2015, Montoro and officials have adopted about 11 million euros in bribes from energy companies.

The companies transferred the millions of euros to get political influence. Incidentally, the police report shows that the companies have tried this through several roads. “But only after contact with the Montoro office was favorable legislation enforced within the foreseeable future,” quotes the Guardian reports.

“The companies managed to enforce lower tax,” writes the Spanish newspaper El País , which holds the research reports. “Montoro and his officials created a network of influence.”

Montoro left the Partido Popular (PP) on Thursday. In a short response, he announced that there is “no evidence” for the accusations.

The police investigation could not come for the party at an less favorable time. In recent weeks, the PP attacked the socialist party PSOE of Prime Minister Pedro Sánchez, because his government is faltering by a corruption scandal. In that case it is also about companies that paid politicians, but in exchange for public procurement.

It is not the first time that the Partido Popular has been associated with corruption. Party chairman Mariano Rajoy had to leave as Prime Minister in 2018, after his cabinet had fallen through a corruption scandal. Those involved in the PP were paid in exchange for granting public procurement. Long prison sentences were distributed in that case.

The police investigation shows that Rajoy would have been warned of suspicious activities within the Montoro office at the time, but did not take any action.

In a response, current PP leader Alberto Feijóo has announced that “corruption must disappear” from Spanish politics. “The police have to turn the bottom stone upstairs.”

Once again, there is a corruption scandal within Spanish politics. While the Current Government is Faltering Due to a Corruption Case, the Police Are Now also Investigating Whether a Former Minister of Finance Received Millions from Energy Companies.

In The Case, The Police Are Focusing on 28 People, But The Most Prominent Name is Cristóbal Montoro. He was a minister of finance from 2011 to 2016. The Spanish Police Say Have Evidence That Montoro and Officials Accepted Approximately 11 Million euros in Bribes From Energy Companies Between 2008 and 2015.

The Companies Transferred the Millions of Euros to Gain Political Influence. MoreOover, The Police Report Shows That The Companies Tried To Do So Through Several Avenues. “But only after contact with Montoro’s Office was favorable legislation enforced Within a Foreseeablet Time, and Without Clear Reason,” The Guardian Quotes Police Reports.

“The Companions Managed To Enforce Lower Taxes,” Writes the Spanish Newspaper El País , which has the Investigation Reports in its Possession. “Montoro and his officials created a Network of Influence.”

Montoro resigned from the partido popular (pp) on thursday. In a letter reaction, he said that there is “no evidence” for the accusations.

The Police Investigation Could Not Have Come At A More Unfavorable Time for the Party. In recent weeks, The PP HAS Attacked the Socialist Party PSoe of Prime Minister Pedro Sánchez, because his Government is Faltering Due to a Corruption Scandal. That case also Involves Companies that paid politicians, but in Exchange for Government Contracts.

It is not the first time that the partido popular has leg linked to corruption. Party Leader Mariano Rajoy had to resign as Prime Minister in 2018, after his cabinet fell due to a corruption scandal. Those Involved in the PP Were Paid in Exchange for Awarding Government Contracts. In that case, long prison sentences were handed out.

The Police Investigation Shows That Rajoy was Allegedly Warned At The Time About Suspicious Activities Within Montoro’s Office, But TOK NO Action.

Current PP Leader Alberto Feijóo Said in a Reaction That “Corruption must disappear” from Spanish Politics. “The Police Must Leave No Stone Unturned.”

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