World

Spain's industry minister quits over alleged links to offshore firm

Spain's acting industry minister, whose name has been linked to offshore companies, has resigned, the ruling Popular Party said Friday.

1992 document names Jose Manuel Soria as co-director of Bahamian offshore company

Jose Manuel Soria has stepped down as Spain's industry minister after a news report linked him to an offshore company. (Andrea Comas/Reuters)

Spain's acting industry minister, whose name has been linked to offshore companies, has resigned, the ruling Popular Party said Friday.

Jose Manuel Soria's resignation from Parliament and his ministerial posts came days before he was due to appear in Parliament to explain his claim that he never ran or owned a Bahamian offshore company, although his name appeared on leaked documents identifying him as director of a firm.

Spain's El Confidencial digital news site this week published a September 1992 document naming him and another man as one of two directors of company named U.K. Lines Ltd.

Soria, who also held the energy and tourism portfolios, told reporters Monday he never "had shares, nor participation, nor any position of responsibility" with the company. He said a British company with that name was a service provider for a family shipping business he used to run.

Later, apparent contradictions in his explanations and further reports that he allegedly had an offshore company in Jersey led to increased calls from opposition parties for his resignation.

Comments

To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.

By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.

Become a CBC Member

Join the conversationCreate account

Already have an account?

now