Skip to content
July 29, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • International News
  • Politicians, others get 351 years jail term for corruption
  • International News

Politicians, others get 351 years jail term for corruption

Admin May 24, 2018

A Prison in Spain

A Prison in Spain

More than two dozen Spanish politicians and business leaders face a total of 351 years in jail after a national court handed down sentences in the long-running “Operaction Guertel’’ corruption case on Thursday.

The case has been dragging on for years and has caught up multiple members of the ruling centre-right People’s Party (PP).

Thursday’s sentencing saw 29 of 37 accused given jail terms.

Named Operaction Guertel, the Spanish word for ‘operation’ and the German word for ‘belt’, the sting looked at Spanish businessmen who were bribing PP politicians in exchange for lucrative public contracts.

The case first came to light in 2009.

The affair is considered to be one of the biggest in modern Spanish history.

Much of it is focused on a businessman, Francisco Correa (whose surname roughly translates as ‘belt’), who stands accused of embezzling large sums of public money between 1999 and 2005.

The 62-year-old was sentenced to 51 years in jail.

Former PP Treasurer, Luis Barcenas, was found guilty of money laundering and sentenced to 33 years and a fine of 44 million Euros (51.6 million dollars).

The network’s activities focused on Madrid and Valencia, which are both PP strongholds.

PP leader and Spanish Prime Minister, Mariano Rajoy, also took the stand during the trial but said he never profited from the illegal financing.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Francisco Correa jail Operaction Guertel People’s Party (PP) Spain

Post navigation

Previous FG makes N50.45bn from May bonds auction
Next Imo APC crisis: Okorocha begs Buhari again

Related Stories

AIDS epidemic could rebound as HIV funding falls- UNAIDS warns
  • International News

AIDS epidemic could rebound as HIV funding falls- UNAIDS warns

July 28, 2026
Africa facing $10-$20 billion economic hit from ‘super’ El Niño, AfDB climate chief warns walker
  • International News

Africa facing $10-$20 billion economic hit from ‘super’ El Niño, AfDB climate chief warns

July 26, 2026
NICASA condemns alleged killing of Nigerian Chika Ibe in South Africa
  • International News

NICASA condemns alleged killing of Nigerian Chika Ibe in South Africa

July 24, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Mutfwang’s remarks to Igbo community taken out of context – Aide students of delta
  • National News

Mutfwang’s remarks to Igbo community taken out of context – Aide

July 29, 2026
Oborevwori: Accent on scholarship, by Pius Mordi
  • Commentaries

Oborevwori: Accent on scholarship, by Pius Mordi

July 29, 2026
Bloody violence at Delta APC meeting, govt orders arrest; sues for peace
  • Crime and Justice

Bloody violence at Delta APC meeting, govt orders arrest; sues for peace

July 29, 2026
Leo Stan Ekeh Foundation hosts regional seminar to promote character development and youth reorientation
  • Business & Economy

Leo Stan Ekeh Foundation hosts regional seminar to promote character development and youth reorientation

July 29, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.