Feb 10 • 21:59 UTC 🇪🇸 Spain El Mundo

Plus Ultra hired the company of Zapatero's friend while telling Sepi it lacked 48 million in cash

The company Plus Ultra contracted a new firm connected to former Spanish Prime Minister Zapatero while claiming financial distress.

The article investigates the controversial hiring practices of Plus Ultra, a firm that reportedly found itself in a precarious financial situation, claiming a cash shortfall of 48 million euros while also employing services from Análisis Relevante SL, a newly established company with no prior experience. This firm is managed by Julio Martínez Martínez, who is involved in selling geopolitical reports, and notably is connected to José Luis Rodríguez Zapatero, the former Prime Minister of Spain, who is listed as a major supplier for the company.

Despite its dramatic financial claims, Plus Ultra seemingly prioritized establishing partnerships that raise questions regarding governance and financial propriety, particularly amidst state support or bailout discussions. This scenario paints a troubling picture of potential favoritism or mismanagement, highlighting the complications that arise when public funds are implicated in private enterprise.

This situation underscores the broader implications for political accountability and ethical business practices in Spain, especially regarding the intertwining of political figures with business ventures, which can erode public trust. Legislative scrutiny may be warranted to avoid conflicts of interest and ensure transparency in state-funded operations, urging a reevaluation of the relationship between corporations and political leaders.

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