Spain • 🌿 Progressive

Zapatero earned from Plus Ultra while company took 475 million public funds

Zapatero earned from Plus Ultra while company took 475 million public funds

Zapatero earned 6,000 euros per report from Plus Ultra while the airline received 475 million in public guarantees.

Former president José Luis Rodríguez Zapatero collected 6,000 euros per political report from airline Plus Ultra, according to company records under fraud investigation. While Zapatero generated these payments, Plus Ultra received 475 million euros in public guarantees during the pandemic—funds that directly affected workers in precarious employment and eliminated competitors relying on market competition. His Senate admission exposes how exfuncionarios monetize political access while corporations extract public resources, bypassing transparent accountability mechanisms that would protect workers and fair competition. 🔹 What happened: Plus Ultra made systematic 6,000-euro transfers per "political report" to an intermediary connected to Zapatero. The former president admitted producing multiple oral reports for Plus Ultra and unspecified additional clients without disclosing total revenue. These payments occurred simultaneously as the airline obtained ICO credits and state-backed loans during pandemic crisis. Plus Ultra employees—many on precarious contracts—remained unaware of internal consultant expenditures while job security hung uncertain. 🔹 Key players: Zapatero monetized postpresidential political influence through private consulting. Plus Ultra diverted public-backed resources toward private political advisory instead of strengthening workforce stability. Government officials approved subsidies without scrutinizing whether consultancies operated as channels for improper corporate influence. Workers never knew public monies funded intermediaries of former presidents. 🔹 Why it matters: Public resources justified as pandemic employment protection financed expresidents' consultancies rather than labor standards or direct job creation. The 475 million in guarantees were publicly rationalized as worker protection, yet portions funded political services. Plus Ultra staff confronted layoffs and contract precarity while state funds flowed to private political middlemen connected to Zapatero. 🔹 What to expect: Prosecution will document complete fund transfers within three months. Additional exfuncionarios will emerge on Plus Ultra's payroll. Congress will push legislation prohibiting consultancies involving former officials at public-subsidy-recipient companies. Plus Ultra workers will demand transparency on subsidy allocation. 📌 EPM Take: Zapatero's earnings from Plus Ultra reports while the company absorbed 475 million public euros demonstrates how political monetization and state spending converge against precarious workers.
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