The Prague Post - Spanish ex-PM Zapatero under investigation for influence peddling

EUR -
AED 4.189623
AFN 75.859613
ALL 93.725503
AMD 416.913444
AOA 1046.691244
ARS 1685.85222
AUD 1.631279
AWG 2.053459
AZN 1.936001
BAM 1.956332
BBD 2.297425
BDT 140.788309
BHD 0.430217
BIF 3406.626956
BMD 1.14081
BND 1.473101
BOB 12.404375
BRL 5.79543
BSD 1.14071
BTN 110.21499
BWP 15.54423
BYN 3.288095
BYR 22359.884211
BZD 2.294124
CAD 1.607077
CDF 2576.521248
CHF 0.926795
CLF 0.027113
CLP 1066.997498
CNY 7.71878
CNH 7.728209
COP 3685.000183
CRC 517.540825
CUC 1.14081
CUP 30.231476
CVE 110.295012
CZK 24.169152
DJF 203.125271
DKK 7.475469
DOP 66.398067
DZD 151.876399
EGP 58.571458
ERN 17.112156
ETB 184.110697
FJD 2.534655
FKP 0.853108
GBP 0.853431
GEL 2.989404
GGP 0.853108
GHS 13.248605
GIP 0.853108
GMD 83.279142
GNF 10008.723412
GTQ 8.701368
GYD 238.644936
HKD 8.944387
HNL 30.547312
HRK 7.53539
HTG 149.140582
HUF 363.867758
IDR 20431.914603
ILS 3.495477
IMP 0.853108
INR 110.090088
IQD 1494.306607
IRR 1568813.967359
ISK 143.000918
JEP 0.853108
JMD 181.039261
JOD 0.808803
JPY 186.03823
KES 147.643818
KGS 99.764004
KHR 4608.253924
KMF 492.829823
KRW 1688.793022
KWD 0.353697
KYD 0.950559
KZT 533.295112
LAK 25803.021102
LBP 102147.294674
LKR 383.634388
LRD 206.46618
LSL 18.798915
LTL 3.368516
LVL 0.690065
LYD 7.319992
MAD 10.708914
MDL 20.058458
MGA 4867.324418
MKD 61.596761
MMK 2394.958199
MNT 4094.381569
MOP 9.212007
MRU 45.5694
MUR 53.949034
MVR 17.625327
MWK 1977.938205
MXN 19.874669
MYR 4.662503
MZN 72.896132
NAD 18.798915
NGN 1567.233817
NIO 41.981423
NOK 10.947696
NPR 176.343984
NZD 1.960711
OMR 0.438631
PAB 1.14071
PEN 3.880556
PGK 5.103389
PHP 70.484396
PKR 316.907432
PLN 4.32998
PYG 6913.881294
QAR 4.158532
RON 5.237686
RSD 117.397347
RUB 89.407847
RWF 1678.456715
SAR 4.292409
SBD 9.211661
SCR 15.256069
SDG 685.056025
SEK 11.077908
SGD 1.473049
SLE 27.778915
SOS 651.877378
SRD 43.022812
STD 23612.472385
STN 24.506668
SVC 9.980716
SZL 18.78111
THB 38.566811
TJS 10.551271
TMT 3.992836
TND 3.376719
TRY 53.865873
TTD 7.740106
TWD 37.018192
TZS 3011.737267
UAH 51.080299
UGX 4266.160839
USD 1.14081
UYU 45.772455
UZS 13746.740541
VES 839.990689
VND 30018.714958
VUV 136.278057
WST 3.128069
XAF 656.135537
XAG 0.019234
XAU 0.000277
XCD 3.083097
XCG 2.055759
XDR 0.815986
XOF 656.135537
XPF 119.331742
YER 272.140239
ZAR 18.792336
ZMK 10268.662676
ZMW 20.959703
ZWL 367.340489
  • CMSD

    -0.0360

    22.164

    -0.16%

  • BTI

    0.6100

    62.03

    +0.98%

  • AZN

    0.5800

    169.92

    +0.34%

  • RIO

    1.8450

    92.395

    +2%

  • GSK

    0.1850

    50.965

    +0.36%

  • BCC

    1.7550

    76.155

    +2.3%

  • BCE

    0.0400

    21.69

    +0.18%

  • BP

    0.5120

    43.272

    +1.18%

  • CMSC

    -0.0550

    21.94

    -0.25%

  • RYCEF

    0.3800

    18.75

    +2.03%

  • JRI

    0.0070

    12.937

    +0.05%

  • RELX

    0.1450

    32.875

    +0.44%

  • RBGPF

    0.0000

    67.35

    0%

  • NGG

    1.6100

    83.66

    +1.92%

  • VOD

    0.2600

    15.53

    +1.67%

Spanish ex-PM Zapatero under investigation for influence peddling
Spanish ex-PM Zapatero under investigation for influence peddling / Photo: Ulises Ruiz - AFP/File

Spanish ex-PM Zapatero under investigation for influence peddling

Spain's former Socialist prime minister Jose Luis Rodriguez Zapatero has been placed under investigation for influence peddling and crimes allegedly committed in connection with the bailout of a small airline, a court said Tuesday.

Text size:

The move adds to pressure on current Socialist Prime Minister Pedro Sanchez, already weakened by corruption investigations involving family members and senior political allies.

Zapatero, who served as prime minister from 2004 to 2011, was not originally closely aligned with Sanchez but has in recent years become one of his top defenders.

He has been summoned to testify on June 2, and police have searched his offices and three unnamed companies, Spain's top criminal court said in a statement.

The investigation centres on a 53-million-euro ($62 million) emergency loan granted in March 2021 to Plus Ultra, a minor Spanish airline that operated flights to Ecuador, Peru and Venezuela with a small fleet of Airbus A340 aircraft.

The bailout was approved under a government fund established to support strategic companies hit by the Covid-19 pandemic.

The airline's eligibility for the rescue package drew criticism from opposition parties, which pointed to its limited operations and ties to Venezuelan business interests.

Spanish media reported that investigators are examining whether a consulting firm linked to an associate of Zapatero acted as an intermediary in financial transactions under scrutiny, including alleged payments related to the bailout.

Authorities are also looking into possible commissions and financial flows connected to the case.

Plus Ultra, headquartered in Madrid, has several shareholders with links to Venezuela, a factor that has long fuelled political controversy surrounding the rescue.

Zapatero has consistently denied ever having received any payments from Plus Ultra or having committed any wrongdoing.

- 'Degraded institutions' -

While other Spanish prime ministers have been called to testify in corruption cases, this is the first time in Spain's modern history that a former premier has been placed under formal investigation.

The main opposition conservative Popular Party (PP) said Zapatero was Sanchez's "muse", adding the two were linked by corruption.

"Both used their families to enrich themselves and both degraded the institutions they represented," the party added in a statement.

Sanchez's brother David is scheduled to stand trial for influence peddling, while his wife, Begona Gomez, is under investigation in a separate corruption case.

The prime minister has dismissed these cases against his family as politically motivated.

Sanchez's former right-hand man, former transport minister Jose Luis Abalos, is awaiting a verdict in his own corruption trail which wrapped up earlier this month.

Abalos, who helped propel Sanchez to power in 2018, is accused of earning kickbacks for the irregular awarding of contracts for face masks, which were in high demand and short supply as the Covid-19 pandemic started.

- Regional poll defeats -

The corruption cases have dented support for Sanchez's Socialist party, which has suffered a string of heavy losses in regional elections including its former stronghold Andalusia.

The Socialists won just 28 seats in the 109-seat regional parliament of the southern region on Sunday, its worst-ever result in a regional election in Andalusia.

Zapatero had campaigned in favour of the party's candidate there, Sanchez's former deputy and ex-finance minister Maria Jesus Montero.

Sanchez has refused to bring forward the next national election, scheduled in 2027, as demanded by the opposition in the wake of these regional poll losses.

The Socialist party defended Zapatero -- who made several social reforms including the legalisation of same-sex marriage while in office -- and suggested the probe was politically motivated.

Zapatero's time in office was "marked by an ambitious programme to extend rights, equality, and social protection. The right and far right have never forgiven him for these advances," the party said in a statement.

F.Prochazka--TPP