The recent revelations about the cash payments made by the PSOE, known within the framework of the investigation of the Koldo casedraw a financial methodology so bizarre that they only allow three possible explanations: a botched accounting system, money laundering or black bonuses.
At best, this would be poor account management. At worst, signs of irregular financing.
As admitted in the Supreme Court, the PSOE paid, at least between 2017 and 2024, some 735,000 euros in banknotes to senior party officials who were not José Luis Ábalos, Santos Cerdan in Koldo Garcia. An amount from the cash withdrawals you made to make payments in envelopes.
The appearances this Wednesday in the Supreme Court of the former PSOE manager, Mariano Navarroand the employee Celia Rodríguez have provided more doubts than certainties about these amounts.
In line with the party, both have denied the existence of a box B. And they have tried to justify the discrepancies detected by the UCO in the information provided by Ferraz to the Supreme Court, ensuring that they are due to the fact that there were settlements of expenses that were not made individually, but to the Organization team.
And for this reason the Supreme Court would not have been informed when the judge Puente He asked for the figures received by Ábalos and Koldo.
But the conversations provided in the investigation confirm deliveries of money in envelopes for months in which there were no official settlements.
Ferraz’s alibi has been even more compromised after Koldo García’s exclusive interview with EL ESPAÑOL, who has assured that he received “more money from the PSOE than the UCO says”, and that some payments were in bills of 100, 200 and even 500 euros.
The party insists that all payments are in the official accounting and that there is no parallel cash.
And this despite the fact that the current manager of the PSOE, in her appearance before the Senate investigation commission last week, recognized the authenticity of the documents revealed by EL ESPAÑOL regarding undeclared payments in the Court of Accounts. These Koldo expense settlement sheets indicate a mismatch with undeclared payments and unmotivated advances, as required by law.
The former accountant has admitted before the judge that In Ferraz there was no control mechanism to verify the veracity of the expenses that were passed on for apparent activities of the Organization Secretariat and that the PSOE automatically reimbursed in cash.
That the ruling party could have incurred such serious accounting deficiencies makes even the most benevolent hypothesis towards the PSOE already unacceptable in itself..
But the justification given by the PSOE for these returns, which were reimbursements of expenses of the Organization Secretariat as a “team”, invites us to wonder if precisely the fact that these amounts were counted as “team overall” it wasn’t to camouflage the beneficiaries and the reasons for these disbursements.
Furthermore, as Judge Puente has pointed out, such lack of controls on the expenses of Ábalos and Koldo could have favored “money laundering.”
And the truth is that all the elements of the scheme (large bills, envelopes, dispersion of recipients, non-individualized settlements) point to the fact that the cash flows were deliberately opaque.
Therefore, it is not enough for the PSOE to claim that “everything is documented”, when expenses without bank support have been found.
Ferraz must clarify with total transparency the origin of the funds under suspicionproviding documentation and supporting documents that demonstrate that the problem was limited to a poorly designed, although legal, internal system.
Otherwise, the most plausible hypothesis will be that of a B box. And then you will have to open an internal investigation and recognize that your accounting has been used irregularly.