Spanish ruling party funded itself illegally, says ex-treasurer

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Spain’s ruling People’s Party funded itself illegally through kickbacks for at least 20 years, former treasurer Luis Barcenas told El Mundo newspaper in an interview published on Sunday.

Barcenas, in jail without bail as the High Court continues a pre-trial investigation into profiteering charges against him, is the central figure in two major graft cases which have damaged the credibility of the PP.

Corruption scandals have crushed faith in Spain’s two major parties and angered Spaniards suffering a long-running recession marked by high unemployment, spending cuts and tax hikes.

Barcenas said in the interview with the El Mundo editor Pedro Ramirez, conducted days before he consigned to a Madrid prison because of flight risk, that the PP received kickbacks from construction magnates in return for contracts in regions governed by the party.

El Mundo journalist Eduardo Inda declined to say why the paper had delayed publishing the story in an interview with La Sexta television late on Saturday.

Read @ Yahoo News

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