Spanish Industry Minister Soria Resigns Over Panama Leaks
- Thread starter Rameez Chaudhry
- Start date
Phoebusrex
Senator (1k+ posts)
Koi faraq nahin parta
syedalam1991
MPA (400+ posts)
basically these leaks have exposed real "crimes" committed by these individuals, so I am yet to see someone go to jail, resign is not enough. This will only encourage corruption if the persons knows that the only consequence for doing corruption is resigning if they are ever caught.
asadrehman
Chief Minister (5k+ posts)
Oo spain ki jamhoriat bach gae??? Unki metro train tu nahi band ho gae???spain france economic corridor khatray may par gaya hai kiya???
Night_Hawk
Siasat.pk - Blogger
Spanish minister resigns after alleged links to offshore deals
By Reuters / AFP
Published: April 15, 2016
MADRID: Spains acting Industry Minister Jose Manuel Soria said on Friday he was resigning from his position with immediate effect after alleged links to offshore companies in Panama and Jersey.
Soria has denied all wrong-doing, but said he was stepping down to limit any damage to the caretaker government, the Peoples Party (PP), at a time when Spain is facing a likely second general election after an inconclusive December vote.
PANAMA PAPERS CLAIM NEW VICTIM AS SPAIN MINISTER QUITS
The worldwide Panama Papers scandal claimed a fresh political victim Friday as Spains industry minister resigned over allegations that he had links to offshore companies.
Jose Manuel Soria said he had tendered his resignation in light of the succession of mistakes committed along the past few days, relating to my explanations over my business activities and considering the obvious harm that this situation is doing to the Spanish government.
Sorias troubles began on Monday when Spanish online daily El Confidencial, which has had access to the Panama Papers millions of files leaked from law firm Mossack Fonseca said he was an administrator of an offshore firm in 1992.
Soria called a news conference to deny any link to the company, but as the week went by, more allegations emerged from other media outlets, revealing further alleged connections to offshore havens. It is unclear as yet whether any of his alleged actions were illegal.
Soria is the latest political victim of the Panama Papers leak, which revealed how the worlds wealthy stashed assets in offshore companies and which the law firm blamed on a computer hack. Icelands Prime Minister Sigmundur David Gunnlaugsson was also forced to resign over the leaks.
In his statement, Soria said politics is an activity that must always be exemplary, also where explanations are concerned.
When that doesnt happen, one must assume ones responsibilities, he added, in an indication that he was resigning due to how he had handled the revelations, rather than over any irregularities.
The initial revelations showed that Sorias name appeared alongside his brothers as administrator of a company based in the Bahamas created through Panama-based Mossack Fonseca.
He denied any links to that firm, and said he had told Spanish prosecutors to clear his name with the Panamanian authorities.
But then other media revealed that Soria had links with another company based in the offshore haven of Jersey until 2002, when he was mayor of Las Palmas in Spains Canary Islands.
In his statement, Soria blamed his contradictory explanations over the week on the lack of accurate information on facts that happened more than 20 years ago.
Sorias resignation is another blow to Mariano Rajoys Popular Party (PP) government, which has been ruling Spain in a caretaker capacity as political groupings try and have so far failed to reach an agreement on a coalition government after inconclusive December elections.
The conservative PP, in power since 2011, has been shaken by corruption scandal after corruption scandal.
And while there is as yet no indication of any irregularities where Soria is concerned, the revelations are likely to embarrass the party, particularly as the country gears up for fresh elections due to the failure to reach any coalition agreement.
His is the second scandal-triggered resignation to hit the PP since it came to power in December 2011. In November 2014, then health minister Ana Mato was forced to step down over corruption investigations.
Soria said he would abandon all political activities from Friday.
http://tribune.com.pk/story/1085057/spanish-minister-resigns-after-alleged-links-to-offshore-deals/
By Reuters / AFP
Published: April 15, 2016
MADRID: Spains acting Industry Minister Jose Manuel Soria said on Friday he was resigning from his position with immediate effect after alleged links to offshore companies in Panama and Jersey.
Soria has denied all wrong-doing, but said he was stepping down to limit any damage to the caretaker government, the Peoples Party (PP), at a time when Spain is facing a likely second general election after an inconclusive December vote.
PANAMA PAPERS CLAIM NEW VICTIM AS SPAIN MINISTER QUITS
The worldwide Panama Papers scandal claimed a fresh political victim Friday as Spains industry minister resigned over allegations that he had links to offshore companies.
Jose Manuel Soria said he had tendered his resignation in light of the succession of mistakes committed along the past few days, relating to my explanations over my business activities and considering the obvious harm that this situation is doing to the Spanish government.
Sorias troubles began on Monday when Spanish online daily El Confidencial, which has had access to the Panama Papers millions of files leaked from law firm Mossack Fonseca said he was an administrator of an offshore firm in 1992.
Soria called a news conference to deny any link to the company, but as the week went by, more allegations emerged from other media outlets, revealing further alleged connections to offshore havens. It is unclear as yet whether any of his alleged actions were illegal.
Soria is the latest political victim of the Panama Papers leak, which revealed how the worlds wealthy stashed assets in offshore companies and which the law firm blamed on a computer hack. Icelands Prime Minister Sigmundur David Gunnlaugsson was also forced to resign over the leaks.
In his statement, Soria said politics is an activity that must always be exemplary, also where explanations are concerned.
When that doesnt happen, one must assume ones responsibilities, he added, in an indication that he was resigning due to how he had handled the revelations, rather than over any irregularities.
The initial revelations showed that Sorias name appeared alongside his brothers as administrator of a company based in the Bahamas created through Panama-based Mossack Fonseca.
He denied any links to that firm, and said he had told Spanish prosecutors to clear his name with the Panamanian authorities.
But then other media revealed that Soria had links with another company based in the offshore haven of Jersey until 2002, when he was mayor of Las Palmas in Spains Canary Islands.
In his statement, Soria blamed his contradictory explanations over the week on the lack of accurate information on facts that happened more than 20 years ago.
Sorias resignation is another blow to Mariano Rajoys Popular Party (PP) government, which has been ruling Spain in a caretaker capacity as political groupings try and have so far failed to reach an agreement on a coalition government after inconclusive December elections.
The conservative PP, in power since 2011, has been shaken by corruption scandal after corruption scandal.
And while there is as yet no indication of any irregularities where Soria is concerned, the revelations are likely to embarrass the party, particularly as the country gears up for fresh elections due to the failure to reach any coalition agreement.
His is the second scandal-triggered resignation to hit the PP since it came to power in December 2011. In November 2014, then health minister Ana Mato was forced to step down over corruption investigations.
Soria said he would abandon all political activities from Friday.
http://tribune.com.pk/story/1085057/spanish-minister-resigns-after-alleged-links-to-offshore-deals/
Ali raza babar
Chief Minister (5k+ posts)
Soria resigned but our SOOOR wont.
rtabasum2
Chief Minister (5k+ posts)
It is pure sifarish to become judge in Pakistan ...........wt will a sifarashi judge do??
Raaz
(50k+ posts) بابائے فورم
Raaz
(50k+ posts) بابائے فورم
GujjarPakistani
Banned
:lol:پتر جی ،تیری کھرک دا علاج میرے کولے نئیں ، ایس کم لئی کسی پٹھان نال رابطہ کر ،تینوں ٹھنڈا کر دئے دا
rtabasum2
Chief Minister (5k+ posts)
Hai tou kuffar aur Islam ki jang app manain yeh nah manain
shafiqueimran
Minister (2k+ posts)
Patwariyon say poocho kya yeh bhi imran khan aur pti ki wajah say resign kar gaya hai.?ya aur jitnay bhi rulers nay resign kya hai different countries mein woh ik ki wajah say resign kar gayein hain?zara soochiye
Raaz
(50k+ posts) بابائے فورم
rtabasum2
Chief Minister (5k+ posts)
U hit the nail right on the head.......u think these muslims will do anything ......no sir but when these Christians will convert to Islam we will see the best of muslims
Raaz
(50k+ posts) بابائے فورم
مسلمان تو صرف دہشت گردی کر رہے ہیں جیسے ایک بگڑا بچہ صرف گھر کی چیزیں توڑ کر اپنے ہونے کا احساس دلاتا ہے
Raaz
(50k+ posts) بابائے فورم
