Spanish prosecutor seeks more than $200 million fine on BBVA over spying allegations
Published on March 19, 2026.
Spanish prosecutor is seeking more than $200 million in fines for Spanish bank BBVA over spying allegations. The case is part of a wider inquiry into the hiring of several Spanish companies by a private investigation agency run by Jose Manuel Villarejo, a former police commissioner, between 2004 and 2016. Some of the bank's former executives are part of the investigation, but no current board members are currently involved. The prosecutor is also seeking a jail sentence of up to 173 years for the former chairman, Francisco Gonzalez, who was chairman of BBVA at the time of the scandal. The bank has denied any wrongdoing and maintains that there is no evidence of spying.
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