the republic logo

Spain: Bail set for jailed former ruling party finance chief who allegedly ran slush fund

bug
Share/Save/Bookmark

MADRID — Spanish judges have set bail for a former ruling party finance chief jailed since 2013 amid accusations he ran a slush fund that benefited top party officials, including Prime Minister Mariano Rajoy.

A National Court statement says judges set bail for Luis Barcenas at 200,000 euros ($232,000) after previously denying his requests, because he had been considered a flight risk.

PHOTO: FILE -  In this Feb. 6, 2013 file photo, former Popular Party treasurer Luis Barcenas arrives to the anti-corruption prosecuting office in Madrid. Bail has been set for a former ruling party finance chief jailed since 2013 amid accusations he ran a slush fund that benefited top party officials, including Spanish Prime Minister Mariano Rajoy. A National Court statement said Tuesday, Jan. 20, 2015 that judges set bail for Luis Barcenas at euro 200,000 ($232,000) after previously denying his requests because he had been considered a flight risk. Barcenas has said he made regular payoffs to Popular Party officials including Rajoy. The prime minister and the party deny his claims. (AP Photo/Daniel Ochoa de Olza, File)
FILE - In this Feb. 6, 2013 file photo, former Popular Party treasurer Luis Barcenas arrives to the anti-corruption prosecuting office in Madrid. Bail has been set for a former ruling party finance chief jailed since 2013 amid accusations he ran a slush fund that benefited top party officials, including Spanish Prime Minister Mariano Rajoy. A National Court statement said Tuesday, Jan. 20, 2015 that judges set bail for Luis Barcenas at euro 200,000 ($232,000) after previously denying his requests because he had been considered a flight risk. Barcenas has said he made regular payoffs to Popular Party officials including Rajoy. The prime minister and the party deny his claims. (AP Photo/Daniel Ochoa de Olza, File)

It wasn't immediately clear following Tuesday's decision how long it would take Barcenas to post bail and be released.

Judicial officials accuse the longtime finance director of Spain's Popular Party of amassing more than 62 million euros ($71 million) in Switzerland from an alleged kickback scheme.

Barcenas has said he made regular payoffs to Popular Party officials including Rajoy. The prime minister and the party deny his claims.

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Follow The Republic:

All content copyright ©2015 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.