Investigators found a discrepancy between donation figures supplied by the PSOE and records held by the Tribunal de Cuentas. The mismatch emerged as the Guardia Civil’s Unidad Central Operativa (UCO) examined the material. Some entries reportedly did not match across the two sets of records.
On 12 November 2026, UCO agents went to the Tribunal de Cuentas in Madrid on the orders of Audiencia Nacional judge Ismael Moreno to obtain additional documentation. The move is part of a secret investigation, separate from the wider Koldo case, into possible irregular party financing. EL MUNDO reported the order, citing sources in the investigation, and said the request was made in the presence of a court clerk from the Audiencia Nacional.
The agents are seeking additional records and explanations about information the Tribunal de Cuentas had already sent to the Audiencia Nacional. That submission reportedly included a sealed memory device with a nominal list of PSOE donors from the previous decade. Investigators sought fuller files after comparing the audit body’s material with accounting records provided directly by the party.
The request follows Moreno’s earlier order, issued before the summer holidays, for the watchdog to examine accounting records the PSOE had submitted, including details of donations. The party reportedly supplied records in December 2025 in response to a request for cash payments made between 2017 and 2024, along with supporting documents. Moreno’s review covers all PSOE cash payments during that period, regardless of recipient.
The records under examination include donations linked to the 2017 PSOE leadership primaries, when Pedro Sánchez returned as the party’s secretary-general, as well as other contributions, including in-kind donations and those from party members or public officials. The audit was intended to let investigators compare donor information and cash payments with supporting documentation and evidence relating to the alleged “pitufeo,” a suspected method of breaking larger sums into smaller contributions or reimbursements to obscure their origin.
Moreno and the Anti-Corruption Prosecutor’s Office suspect that donations may have been used to disguise payments from construction companies seeking access to rigged public works contracts. The inquiry also examines cash reimbursements for payments allegedly advanced by party officials. These allegations remain under investigation. The discrepancies have not established criminal conduct.
