The Court of Accounts has released a report highlighting the failures of Canal de Isabel II's national and international expansion, which has resulted in substantial financial losses. The report specifically points out the company's poor performance in both domestic areas like Lanzarote and Cáceres and international markets including Brazil, Dominican Republic, Mexico, and Colombia. It emphasizes the urgency of addressing these financial issues by accelerating the divestment process in Ibero-American entities, especially the ones incurring expenses.

In light of the financial difficulties faced, the report advises Canal de Isabel II to ensure that their concessions in Lanzarote and Cáceres achieve financial equilibrium. This situation has raised concerns not only about the company's management but also about the broader implications for public expenditure and accountability, given the public nature of the enterprise. The Partido Socialista Obrero Español (PSOE) has expressed the need for a thorough investigation into these issues within the Assembly.

This development reflects broader governance and operational challenges within public enterprises in Spain and highlights the need for transparency and effective management of public resources. The demands for an investigation into the corruption linked to the 'Lezo case' further complicate the situation, underscoring the importance of public trust in governmental institutions and their financial dealings.