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Spain's Zapatero says seized jewels worth $1.5 million were a 'courtesy gift'
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Yahoo News - Latest News & Headlines
MADRID, July 23 (Reuters) - Spanish former Prime Minister Jose Luis Rodriguez Zapatero said on Thursday that €1.3 million ($1.5 million) of jewellery seized by police as part of an investigation was a personal gift he received years ago and was never intended for financial gain.
Zapatero, who was prime minister from 2004 to 2011 and remains an influential figure in the governing Socialist Party, is under investigation over alleged influence-peddling, accusations he denies.
The case is one of a series of corruption scandals affecting the party and piling political pressure on Prime Minister Pedro Sanchez's government.
Investigating Judge Jose Luis Calama opened a separate probe into the jewellery, whose origin remains undocumented, according to investigators.
An auction house provisionally valued them at about €1.3 million ($1.5 million), though Zapatero disputes that estimate.