Spanish ruling party's ex-treasurer granted bail in fraud probe

January 20, 2015 11:31 AM

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Spanish ruling party's ex-treasurer granted bail in fraud probe

MADRID (Reuters) - The former treasurer of Spain's ruling People's Party (PP), in jail awaiting trial on charges of money-laundering and other crimes, has been granted provisional liberty with a bail of 200,000 euros ($231,820), a High Court spokeswoman said.

Luis Barcenas has been in jail since June 2013 over a long-running corruption investigation which is a source of great embarrassment to the PP, struggling in opinion polls in an election year.

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