Corruption storm: Malaga politician accused of siphoning public money

By Euro Weekly News Monday, 26 February 2018 10:02 0
MISUSED MONEY: The Deusto Business School, Madrid, and (inset) Margarita del Cid. MISUSED MONEY: The Deusto Business School, Madrid, and (inset) Margarita del Cid. Universidad de Deusto/PP Malaga

A COSTA DEL SOL politician has sparked outrage after being accused of using public money to pay for luxury meals and a €2,000 degree.

Margarita El Cid, vice-president of the conservative Popular Party in Malaga and leader of the Association of Western Costa del Sol Municipalities, allegedly misused funds from 2011-2014, when she served as party general secretary and was a Torremolinos councillor.

She is blamed for siphoning cash from bank accounts of both her party and the association, some of which was used to pay for a Master’s degree in Public Leadership, Entrepreneurship and Innovation from the Deusto private business school in Spanish capital Madrid.

An anonymous letter detailing the infractions was sent to current party general secretary Maria Dolores de Cospedal last October.

Funds from the Association of Western Costa del Sol Municipalities, which covers Benahavis, Benalmadena, Casares, Estepona, Fuengirola, Istan, Manilva, Marbella, Mijas, Ojen and Torremolinos, can only be used to pay for association business, which includes environmental and infrastructure projects, beach safety, and the promotion of tourism.

El Cid is also president of public water company Acosol, which is owned by the association.

But the letter claims that she made personal use of public money by using ‘blank cheques’ to pay for more than €6,000 worth of expensive meals on her days off plus another €7,000 of ‘dubious expenses.’

She is also accused of failing to bank €29,000 intended for ‘sociological services,’ transferring €40,000 from the association to her Popular Party’s provincial account, and signing off invoices worth almost €30,000 for non-approved public opinion surveys.

A party official said in response to the claims: “This party has no evidence to suggest the existence of any unjustified payments, all information related to economic management is available to municipal investigators and the association successfully passed a recent audit of its accounts.”

Comments (0)

There are no comments posted here yet

Leave your comments

Posting comment as a guest.
0 Characters
Attachments (0 / 3)
Share Your Location

Poll of the Week

Following recent parliamentary debates, should Spain decriminalise insulting the crown?

New online edition graphic

Create Costa del Sol Alert

Do you want to be the first to receive our latest news from Costa del Sol? Subscribe here.

Latest Tweets

STORMS LASH SOUTHERN SPAIN: Policeman missing after being dragged into swollen river…
Holiday sickness scammers face £15,000 in costs for fake claim in Spain #EuropeanNews…
Police roll out ‘invisible’ speeding mini-radars in drive to cut road deaths in Spain…
Follow Euro Weekly News on Twitter

Post Gallery

Police warn of EXACT speeds that will trigger roadside radar cameras in Spain

Police find body of missing 8-year-old boy in boot of car in Spain - 'girlfriend of father arrested'

Plans to BAN tourists in diesel and petrol cars travelling to Balearic Islands

One man shot dead and his brother injured in southern Spain shooting

UK benefit cheating great-gran - who secretly owned Spanish holiday home - avoids jail

TENANT FROM HELL: Claims that expat trashed Brit's Benidorm villa and 'blackmailed' landlady

Explosive ‘weather bomb’ heads to Spain with heavy rain, strong winds and big waves

Motor homes plague Costa Blanca beaches

COSTA LOT: 'Greedy hoteliers' blamed for holiday price hike in Spain