Spain’s former industry minister has withdrawn his application for an executive job at the World Bank.
ADVERTISEMENTSpain’s former industry minister has withdrawn his application for an executive job at the World Bank.
Jose Manuel Soria resigned after coming under scrutiny over his links to a company that appeared in the Panama Papers.
He stepped down as minister in April after reports surfaced of his alleged links to an offshore company on the British island of Jersey, saying he was resigning to limit any damage to the caretaker government. Soria has denied any wrongdoing.
The news comes at a sensitive time for Spanish politics where bickering between parties is edging the country towards its third election in a year.
Spanish PM forced to make U-turn over World Bank directorship nomination https://t.co/7uBceV4hx3 via
el_pais</a></p>— Keith Walker (KeithWalkerNews) September 7, 2016
Reuters