Updated
Updated · BBC.com · Jun 12
Zapatero Faces Tax Fraud, Smuggling Probe Over €1.2 Million Jewellery
Updated
Updated · BBC.com · Jun 12

Zapatero Faces Tax Fraud, Smuggling Probe Over €1.2 Million Jewellery

3 articles · Updated · BBC.com · Jun 12

Summary

  • €1.2 million in watches and jewellery found in José Luis Rodríguez Zapatero's safe has triggered a fresh investigation into alleged tax fraud and smuggling.
  • Investigators suspect the former Spanish prime minister cannot prove customs duties were paid on items made with gold, sapphires and emeralds reportedly originating from Zambia or Thailand.
  • Zapatero's spokesman said he will explain the jewels to a judge later this month, while associates have said the items were tied to a family inheritance.
  • The new case deepens legal pressure on a close ally of Prime Minister Pedro Sánchez, who is already under investigation over an alleged €53 million Plus Ultra bailout influence-peddling scheme that he denies.

Insights

How did €1.3 million in jewels stay hidden in a former PM's safe during a long-running corruption probe?
Will this jewellery discovery unravel a larger corruption network connecting a former prime minister to Venezuelan funds?