Hacienda considers that Montoro did not declare the actual value of the sale of the shares of Equipo Economico

The Finance Unit, which supports the Anti-Corruption Prosecutor's Office, suspects that the former popular minister Cricristobal Montoro N did not declare in the income of the IRPF the true value of the sale of shares of the consultancy Equipo Economico (EE), through which they believe he createda corporate network for the diversion of money  and haveaccused the former minister\ u00A0 and more than thirty peopleof allegedlybenefiting companies.

According to a report by the Treasury Unit, the consultancy was founded in 2006 under the name of Montoro and Asociados, and its name was changed two years later. It was formed with a equity capital of 60,000 euros, divided into shares with a nominal value of 10 euros.

In 2007, Montoro purchased and sold another 480 shares of this company after a few months. The report states that the Treasury "is struck not only by the short time that passed between the purchase and sale of this participatory package", but by thefact that in the 2007 IRPF statement  "no sales of shares  or shares are recorded".

The following year, Montoro transferred 1,080 shares to Ricardo Martínez Rico, former Secretary of State for Budgets and Expenditure of the Government ofJosé María Aznar, and 720 to his brother Ricardo Montoro.

The initial argument was that "the transfer price of the shares was equal to the purchase price (10 euros)" and there was no profit, however, the report shows that in 2012 the Treasury conducted a verification procedure for Montoro's brother and learned that, according to figures declared by the company itself, "these shares had a unit sale price of 226.96 euros", not the 10 euros declared.

The Treasury also includes the value provided by other partners in other operations in 2015, 625 euros per social share.  Therefore, the researchers consider that "this value declared in the IRPF (10 euros)  is far from the reasonable sale price between independent parties."

On the other hand, the tax agency has reported areport issued by the Mossos d'Escaladra 0 in December 2019, which states that "the transmission of the social shares of the political members of the EC office was made on the basis of their nominal value and not on the basis of the net value of the assets of that society" and specifies that such shares "were transmitted to certain partners and not to all of them proportionally", and therefore suspects that these "  partners were supposed to be holders of such social shares, but not."

Name change

The Mosses warned that "since 2015, the business figuresof the network of companies under investigation have fallen significantly by . "Until then," the ratios were high and their financial health was good. "

In the first half of 2015, however, "news began to appear in the press denouncing these events," so researchers believe that "in the face of this news, the people investigated A dismantled this structure " and that "the professional activity was carried out by another company called Global Afteli, forming other commercial companies. "

Cristóbal Montoro served as Finance Minister between 2000 and 2004 with José María Aznar, and between 2011 and 2018 with Mariano Rajoy, anddischarged  as a PP affiliate, LAST week, after overcoming his charge and that of his group.