Zapatero must post €600,000 bail to stay out of jail

Former Spanish Prime Minister Zapatero has been ordered to pay €600,000 or face prison. Jewellery, gold mines and a fortune that makes the bail look like pocket change.

English · Original discussion in Spanish · Published

Zapatero must post €600,000 bail to stay out of jail

The courts have given the former Spanish Prime Minister an ultimatum: pay €600,000 or go to prison. While the payment is awaited, speculation about his fortune and the assets he could liquidate is soaring.

Where the figure comes from

The bail, set at €600,000, reflects the court's estimate of the misuse of public funds during his time in office. According to judicial sources, the amount is only part of the alleged illicit enrichment. The former leader owns assets that could cover it comfortably, including jewellery and properties.

The jewellery controversy

While his political circle speculates about the sale of jewellery belonging to his vvife, Sonsoles Espinosa, valued at €10,000, others point out that the family has interests in Venezuela, with a gold mine generating millions in income. The irony is hard to miss: €600,000 is a modest sum compared with the accumulated wealth.

The clock is ticking, and the open question is whether Zapatero will pay or appeal. What is clear is that, in his circle, the bail is regarded as loose change.

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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (21 replies).

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