Corruption taints Spanish concessions market

Spain’s economic crisis has created a climate conducive to cutting corners. The water concessions market is struggling to escape the contagion.

The municipal water concessions market has not been immune to the rash of scandals sweeping Spain in recent months involving alleged slush fund payments to politicians – including several government ministers – for preferential treatment in the awarding of public contracts.

In February, José Luis Míguez, director of Agbar’s Aquagest concession in Santiago de...

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