Mar 13 • 13:07 UTC 🇪🇸 Spain El País

President of the Alicante Chamber of Commerce, Carlos Baño, arrested for possible corruption charges

Carlos Baño, the president of the Alicante Chamber of Commerce, has been arrested on suspicion of corruption related to a subsidy fraud investigation involving consumption vouchers for SMEs.

Carlos Baño, the president of the Alicante Chamber of Commerce, was arrested by the National Police for alleged corruption connected to consumption vouchers intended to support small and medium-sized enterprises (SMEs) in Alicante. The actions are part of a broader investigation initiated by the Anti-Corruption Prosecutor's Office, which followed several anonymous complaints regarding possible irregularities in the allocation of these vouchers, which were made available across numerous municipalities in the province.

Following Baño's arrest, law enforcement agents conducted a search at the headquarters of the Alicante Federation of Commerce (Facpyme), an organization also led by Baño. The investigation is probing into whether Baño profited from his position after taking over from former president Mazón, amidst accusations involving fraudulent claims for public subsidies tied to the program. The case highlights ongoing concerns regarding accountability and corruption in public funding mechanisms.

This incident is emblematic of the broader anti-corruption efforts in Spain, which have gained prominence in recent years as authorities work to tackle systemic issues affecting trust in public institutions. Baño's arrest could have significant repercussions not only for his professional future but also for the credibility of the Chamber of Commerce and its operations, depending on the outcomes of the investigations.

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