Sources confirm that Spanish authorities have opened an investigation into former Prime Minister Mariano Rajoy over a hidden jewellery collection valued at €1.2 million. The cache, uncovered during a routine asset audit, raises serious questions about undeclared wealth and potential money laundering.
This comes as the UK's anti-corruption framework, lauded for its transparency, is being held up as a model for Europe. Uncovered documents show Rajoy failed to disclose the items, which include diamond-studded watches and antique necklaces, during his tenure. The probe follows a whistleblower tip and is being handled by Spain's Anti-Corruption Prosecutor's Office.
Rajoy's office denies any wrongdoing, claiming the jewellery belonged to his late wife. But sources close to the investigation say the provenance is murky. The UK, by contrast, has made strides with its Unexplained Wealth Orders, forcing politicians to justify lavish lifestyles.
This scandal could trigger a broader crackdown across the EU. Stay tuned as more documents emerge.
