In the tax fraud case involving Víctor de Aldama and Claudio Rivas Ruiz-Capillas, both detained in connection with the investigation into the ‘fuel or hydrocarbon case’ and the ‘Coldo conspiracy’, Spanish judicial authorities suspect a huge network. The scandal involved a masked business set up by the commissioner and former president of Zamora FC to launder illegal money from a small town in Portugal.
According to the Spanish publication ‘El Economista’, Altama and his accomplices created fictitious companies to avoid taxes, commit financial fraud and money laundering, making it difficult to control the movement of their millionaires.
In Portugal, specifically in Elvas, four companies were all created between September 25, 2022 and March 2, 2023, identified as “other business support activities”: to this end, 1,166,956 euros were transferred from MTM 180 Capital Sl. Altama, for several Millennium BCP accounts: Later, “31 transfers were made from Elvas to the recipient” who is under Guardia Civil investigation.
According to the authorities, the method was to deposit all the money coming from Spain in these seven fictitious institutions for a short period of time; Four of them were developed in the Portuguese city of Elvas and then distributed to other communities around the world. The move was blocked by a national court in May after Altama’s bank accounts were frozen and seized.
Companies registered in Portugal: Atmosferaudaz Unipessoal Lda, Proezencontrada Lda, Cuboflamejante Lda and Etapinsvisível Unipessoal Lda.
The city of Elvas was not chosen by chance: 21 kilometers from the border of Badajoz, Altama, with his partner Carlos Rivas Ruiz-Capelas, wanted to establish the base of their operations and large-scale money laundering machines. A Portuguese corner recognized as a major force and where Pedro Sanchez’s brother David Sanchez has a first-tax residence since 2022.
David Sánchez Pérez-Castejon, nicknamed Asagra, is the younger brother of the head of the Spanish government, a virtuoso musician with an annual salary of about 55 thousand euros as director of the youth opera program and head of the artistic office of the province of Badajoz – in the hands of the PSOE, the party led by his brother. Guardia Civil’s central operations unit – in a letter consulted by ‘El Debate’ newspaper – is investigating the enrichment of the maestro, whose net worth rose from 261 thousand euros to 1.7 million in three years; During this period, Maestro will enrich 550% in three years.
This investigation intersects with information collected as part of the Goldo corruption process. Spanish authorities suspect the assets were bribes for a former Spanish government minister and his former adviser. Now, the Guardia Civil is investigating changes in the Goldo case, a hypothetical explanation for the exponential growth of David Sánchez’s properties in Elvas – because Victor Altama developed a close relationship with Pedro Sánchez’s wife, Becona Gómez.
However, according to Spanish newspaper ‘ABC’, he did not pay taxes in Spain, declaring the Portuguese city of Elvas, a municipality bordering Batajós, as his tax residence.
David Sánchez bought an old mansion of 425 square meters for 240 thousand euros – according to the declaration of his properties – three minutes walk from the terrace of Praça da Repubblica de Elvas, on the street perpendicular to the cathedral. Felisa, 73, “four times in two years”, “When he bought the house in December 2022 He says he saw him.
The house is unlivable, they guarantee. “No one has lived here for 12 years, the building is abandoned”, guarantees Felisa, a Spanish woman born in Burgos who pays her taxes in Spain even though she “bought a house in Elvas nine years ago”.
“No one has lived here for 12 years”: Spanish PM’s brother owns house in Elvas to avoid paying taxes in Spain
Spanish government embroiled in controversy: Former adviser to Sanchez charged with 20 counts of hiding assets in Portugal Companies in Elvas are under investigation
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