AIRLINK 69.92 Increased By ▲ 4.72 (7.24%)
BOP 5.46 Decreased By ▼ -0.11 (-1.97%)
CNERGY 4.50 Decreased By ▼ -0.06 (-1.32%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 69.85 Decreased By ▼ -0.11 (-0.16%)
FCCL 20.02 Decreased By ▼ -0.28 (-1.38%)
FFBL 30.69 Increased By ▲ 1.58 (5.43%)
FFL 9.75 Decreased By ▼ -0.08 (-0.81%)
GGL 10.12 Increased By ▲ 0.11 (1.1%)
HBL 114.90 Increased By ▲ 0.65 (0.57%)
HUBC 132.10 Increased By ▲ 3.00 (2.32%)
HUMNL 6.73 Increased By ▲ 0.02 (0.3%)
KEL 4.44 No Change ▼ 0.00 (0%)
KOSM 4.93 Increased By ▲ 0.04 (0.82%)
MLCF 36.45 Decreased By ▼ -0.55 (-1.49%)
OGDC 133.90 Increased By ▲ 1.60 (1.21%)
PAEL 22.50 Decreased By ▼ -0.04 (-0.18%)
PIAA 25.39 Decreased By ▼ -0.50 (-1.93%)
PIBTL 6.61 Increased By ▲ 0.01 (0.15%)
PPL 113.20 Increased By ▲ 0.35 (0.31%)
PRL 30.12 Increased By ▲ 0.71 (2.41%)
PTC 14.70 Decreased By ▼ -0.54 (-3.54%)
SEARL 57.55 Increased By ▲ 0.52 (0.91%)
SNGP 66.60 Increased By ▲ 0.15 (0.23%)
SSGC 10.99 Increased By ▲ 0.01 (0.09%)
TELE 8.77 Decreased By ▼ -0.03 (-0.34%)
TPLP 11.51 Decreased By ▼ -0.19 (-1.62%)
TRG 68.61 Decreased By ▼ -0.01 (-0.01%)
UNITY 23.47 Increased By ▲ 0.07 (0.3%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 7,399 Increased By 104.2 (1.43%)
BR30 24,136 Increased By 282 (1.18%)
KSE100 70,910 Increased By 619.8 (0.88%)
KSE30 23,377 Increased By 205.6 (0.89%)

imageMADRID: An ex-treasurer of Spain's ruling party was released from prison late Thursday after posting bail pending his corruption trial, throwing the spotlight back on a scandal that has embarrassed the government months before a general election.

"I feel very well", Luis Barcenas told reporters as he left Soto del Real prison, north of Madrid, accompanied by his two sons.

The 57-year-old has spent 19 months in custody as one of the highest profile suspects in a vast corruption investigation targeting senior members of the People's Party (PP).

He was linked to Prime Minister Mariano Rajoy in a separate affair in 2013, in which Barcenas admitted running a slush fund to make undeclared payments to party members.

Barcenas's family paid a 200,000-euro ($228,000) bail to secure his provisional release, a judicial source told AFP.

One of 43 suspects facing trial in the principal case, Barcenas is charged with money-laundering, tax fraud and embezzlement between 1999 and 2005.

Prosecutors have demanded a 42-year jail sentence for him.

Judges have been investigating the affair for nearly seven years and the trial is not expected to start before the general election due in November.

Rajoy said in 2013 that he had made a mistake by naming him treasurer in 2008. The prime minister denied the existence of a party slush-fund.

Barcenas has been expelled from the party and Rajoy has launched a series of anti-corruption reforms.

The return of Barcenas to the headlines comes at a sensitive time for Rajoy as he hopes for re-election.

The new left-wing protest party Podemos has overtaken the PP in recent opinion polls, vowing to do away with a political elite that it brands corrupt.

"Luis Barcenas back on the street is a nightmare for the PP," said centre-right newspaper El Mundo.

"It is a raw reminder of the corruption that nestled in the PP."

Podemos has also overtaken the mainstream opposition Socialist Party, which has itself been hit by corruption scandals.

Copyright AFP (Agence France-Presse), 2015

Comments

Comments are closed.