Podemos publishes financial details of party and all members on website

The co-founder of new Spanish anti-austerity party Podemos, Juan Carlos Monedero, published details of his personal assets on Friday in a bid to clear up doubts over income he received for consultancy work he carried out for Venezuela and other Latin American governments. According to the data, the politician earned €420,000 in 2013 and 2014.

Podemos, which will be running in upcoming elections in Spain on anti-corruption policies, also released details of its internal financing, as well as a run-down of the personal assets of all other members.

The information reveals that Monedero earned €48,528 for his work as a political science lecturer at Madrid’s Complutense University, and €370,969 for “economic activities.”

The declaration attributed the sum to “international reports and consultancy work,” teaching, publishing books, and TV and radio appearances

The declaration attributed the sum to “international reports and consultancy work” carried out between October 2013 and December 2014, his teaching work, publishing books, presenting TV show La Tuerka and taking part in radio and TV debate programs.

It also shows Monedero paid €187,739 in income tax for 2013 – the amount he handed over to the Spanish Tax Agency on January 29 of this year to satisfy taxes and fines deriving from €425,150 he earned as a consultant for the Bolivarian Alliance of the Peoples of Our America (ALBA). Monedero had originally paid company tax on the sum, but was instructed by the Tax Agency to pay income tax instead.

Monedero created his company Caja de Resistencia Motiva2 Producciones on October 23, 2013 and, according to the documents he revealed during a press conference last Friday, one week later, on October 31, he invoiced the Banco del ALBA, with tax domicile in Caracas, Venezuela, through the company.

The firm, valued at €3,000, now has a current account balance of €412,160 which includes credit in favor of Monedero “for unpaid bills of the company, which is in a capitalization process because its equity is currently below its social capital.”

After nearly a month out of public view, Monedero held a press conference last Friday aimed at clearing up doubts about his assets, denying allegations of illegal party financing.

Yet the party’s number-three figure has failed to produce either contracts or copies of the work he said he carried out for the Bolivarian Alliance of the Peoples of Our America (ALBA), alleging that this group’s charter prohibits it.