Tuesday 6 January 2015

Nearly all Spanish political parties guilty of financial crimes, Audit Court finds

Nearly every significant political party in Spain, whether national or regional in scope, committed tax fraud and other financial crimes in its 2012 accounts, according to the country’s Audit Court.
The national watchdog’s chief attorney, Olayo González Soler, has drafted a damning report pointing the finger of blame at Spain’s two main political organizations, the Popular Party (PP) and the Socialist Party (PSOE), but also at Convergència Democràtica de Catalunya (CDC) and the Basque Nationalist Party (PNV), to name just a couple of others on the list.
The report, to which EL PAÍS has had access, lists serious criminal offenses that include illegal debt cancellation, accounting that does not reflect real income and expenditure, odd loans to obscure foundations, and unlawful donations.

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