Former party treasurer of Spanish ruling party Luis Bárcenas at heart of growing corruption inquiry


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The Independent Online

Swiss authorities have opened a money laundering investigation into a former treasurer of Spain’s ruling party who is suspected of depositing millions of euros from bribes in Swiss bank accounts, a Geneva prosecutor said.

Luis Bárcenas, who is accused by Spanish authorities of abusing his position to secure bribes, evade taxes and launder money, is at the heart of a growing corruption scandal that has hurt the conservative People’s Party and Prime Minister Mariano Rajoy.

Spanish court proceedings indicate that Mr Bárcenas held up to €38m (£32m) in Swiss bank accounts.