25 Feb, 2014 @ 11:12
1 min read

Spanish Government bans party donations from companies

THE Spanish government is to ban party donations from companies and increase transparency regarding party funding, in light of widespread political corruption.

The new bill, which must first be approved by Parliament, directs parties to publish any donations and bank loans on their website.

The bill comes as Spain’s National Court investigates the slush fund handled by the Popular Party’s former treasurer Luis Barcenas, the biggest party funding scandal in European history.

Companies could previously make donations of up to €100,000 to parties.

Under the new law, any donations above €50,000 from individuals must be published on the party’s website.

For as long as Barcenas managed PP finances, ministers would receive an envelope each month containing between €5,000 and €10,000, funded by party donations from corrupt businessman in return for large contracts.

Last summer Prime Minister Mariano Rajoy, who was himself implicated in the scandal, declared the need for more transparency regarding party funding.

Tom Powell

DO YOU HAVE NEWS FOR US at Spain’s most popular English newspaper - the Olive Press? Contact us now via email: [email protected] or call 951 273 575. To contact the newsdesk out of regular office hours please call +34 665 798 618.

1 Comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

olive press has a thousand followers on twitter
Previous Story

What a Twit! Woman becomes Spain’s first to be convicted of using social media to provoke hatred

Next Story

Spanish PM says Catalan independence vote ‘is not legal’

Latest from Crime & Law

Go toTop

More From The Olive Press