The Spanish government brushed aside global concerns to name its former Industry Minister, Jose Manuel Soria, as the country’s proposed representative at the World Bank.
Mr. Soria’s nomination is coming despite being linked with an offshore company listed in the Panama papers leaks earlier this year.
Although he denied any wrongdoing, Mr. Soria was compelled to resign his appointment last April, apparently to forestall any negative backlash on Spain’s caretaker government, the conservative Popular Party (PP).
But, few months after, the Spanish government has sent his name as its nominee to be voted one of the 25 executive directors by the189 governors at the Washington-based Bretton Woods institution, the Economy Ministry said on Wednesday.
Mr. Soria was named in the Panama Papers leaks scandal with details about his relationship with U.K. Lines, an offshore firm owned by the Panamanian law firm Mossack Fonseca.
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