Spain Launches New Investigation into Ex-President Zapatero Over Unaccounted Jewelry

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AI Summary
The National Court of Spain has initiated a new investigation into former Spanish President José Luís Rodríguez Zapatero concerning potential tax offenses and smuggling related to jewelry valued at over $1.5 million found during a police raid on May 19. This operation is part of a broader inquiry known as the 'Plus Ultra' case, which examines allegations of influence peddling and money laundering linked to a $61.75 million government bailout for the airline. Zapatero has publicly denied any wrongdoing, asserting that his actions have always complied with the law. The judge noted that the jewelry's unverified origins could indicate significant tax evasion, potentially leading to criminal charges if the unpaid taxes exceed $138,800. Zapatero is scheduled to testify regarding both the jewelry case and the 'Plus Ultra' investigation on June 17 and 18.
Key Details: • Jewelry valued at over $1.5 million found during a police raid. • Zapatero scheduled to testify on June 17 and 18 regarding the investigations. • Potential tax evasion charges if unpaid taxes exceed $138,800.