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#PanamaPapers: Spanish Industry Minister resigns over Link

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Jose Manuel Soria

Jose Manuel Soria

Spanish Industry Minister Jose Manuel Soria resigned on Friday over his suspected involvement in offshore transactions documented in the Panama Papers.

The 58-year-old, who was also in charge of Energy and Tourism, has also stepped down as a member of parliament and as the Canary Islands president of Prime Minister Mariano Rajoy‘s People’s Party.

The party has been rocked by a series of corruption scandals in recent years which contributed to the loss of its majority in parliamentary elections in December.

Spain has struggled to form a government since. Rajoy has stayed in nominal charge but has been unable to secure enough support from other parties for a second term.

If there is still no government by May 2, new elections are to be called for June 26.

Soria said he had quit because of mistakes made in his statements about his links to the Panama Papers, a huge data leak which exposed how the world’s wealthy hide their money.

He added that he had harmed his party and the government during the “particularly serious current political situation.”

Soria had denied the allegations, but contradictions emerged.

The News Agency of Nigeria (NAN) was established by the Federal Government of Nigeria in May 1976 to gather and distribute news on Nigeria and cover events of interest to Nigeria at the international level for the benefit of the Nigerian Media and the Public.

4 Comments

  1. Rampage

    April 15, 2016 at 1:31 pm

    Bukola Saraki ooooo! David Mark oooooo!

    It have do. You guys have more money than you can spend. Even your pensions alone can keep you comfortable for life. I take God beg una, resign for us, don’t worry we will rebuild by ourselves, we don’t need your help anymore. Thank you

  2. FinchleysFinest

    April 15, 2016 at 4:22 pm

    Meanwhile Saraki and David Mark want to die there…..

  3. Paulette

    April 15, 2016 at 10:38 pm

    The difference is clear!!!!! Instead the Nigerians named are calling God up and down.

  4. Anon

    April 15, 2016 at 11:48 pm

    Yet Nigerian senators remain in power! SHAME!

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