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Scandal Surrounds Cerdán: Construction Credit Card Used for Personal Spending

Family ties, luxury restaurants, and Ibiza getaways — where the scheme’s money really went

Santos Cerdán is at the center of an investigation. His corporate card expenses stunned investigators. Family and travel—everything was charged to the construction scheme.

Santos Serdán, former organizational secretary in the PSOE, has found himself at the center of a major investigation. It emerged that he used a credit card linked to a network of companies that had received government construction contracts. Investigators found that funds from this card were spent not only on business needs but also on personal expenses for the politician and his family.

The amount spent on the card, which was registered to Servinabar 2000 SL, reached €33,574. According to the investigation, Serdán owned nearly half of this company. The card was last used just one day before the arrest of Koldo García, the former advisor to the transport minister who has become a key figure in the case.

Family Connections and Suspicious Payouts

Investigators’ attention was drawn not only to Serdán’s own spending. His wife, sister, and even brother-in-law received salaries from companies involved in the scheme. The politician’s wife, Francisca Muñoz, was paid €9,500 over six months by the Noran cooperative, having officially become an “employee” after contributing €2,400 to the company’s capital. However, no evidence of any actual transfer of these funds was found.

Serdán’s sister, Belén, was also connected with another cooperative, Erkolan. This organization received nearly €380,000 from Servinabar over several years, and transfers continued up until the week Serdán resigned over the unfolding scandal.

Restaurants, Travel, and Luxury Indulgences

The corporate card expenses are staggering. At a Madrid restaurant just steps from Serdan’s home alone, there were 49 separate transactions. In June 2022, the card was used for entertainment in Seville and Malaga, where Serdan and his wife stayed at a hotel. Just days later, similar expenses were recorded again in Seville.

Investigators uncovered other intriguing patterns: dinners at restaurants in the politician’s hometown and payments at a winery in Denia, which coincided with a family trip to Ibiza. During their ten-day vacation on the island, the family spent nearly €1,800, all charged to the same card.

Canary getaways and troubling messages

The following August, the pattern repeated—this time in Tenerife. Over eight days on the island, the card was used 11 times, with total expenses reaching €1,259. All these transactions coincided with family travel and leisure.

An interesting detail: one of Serdan’s business partners had messages on his phone exchanged with Serdan’s wife, discussing her excessive spending. This raised even more questions about the family’s financial habits.

The investigation is ongoing, and the emerging details paint a picture where personal interests and public funds intertwine in the most unexpected ways.

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