“A former treasurer of Spain’s ruling People’s Party (PP) hid away his wealth in a Swiss bank account. Court documents from an on-going judicial investigation into former PP treasurer Luis Barcenas revealed the account held up to €22 million, reports Reuters. The party, along with the opposition socialists, has helped govern the nation for the past three decades. In 2011, the conservatives won the general elections and unseated the socialists. Barcenas was the People’s Party financial chief for 28 years until 2009 when he became the focal point of an investigation for allegedly accepting bribes from businesses vying for lucrative government contracts.”
