In the Chapter VII, entitled “Embezzlement”, there are the offenses related to embezzlement and misappropriation of public funds.
The crime involves the misappropriation, diversion or unauthorized use of public funds for personal gain or the benefit of others. The embezzlement provisions apply to funds or assets that are part of the public treasury, including public funds, subsidies or assets managed by public officials.
Article 432 states as follows:
The acts referred to in this Article shall be punishable by a prison sentence of one to two years and a fine of three months and one day to twelve months, and in any case special disqualification for public office or employment and the right to passive suffrage for a period of one to five years, when the damage caused or the value of the public assets is less than 4.000 euros.
Spain, as a member of international organizations and conventions, participates in efforts to combat corruption and financial crimes. Cooperation with international bodies and adherence to anti-corruption standards play a role in addressing offenses related to the embezzlement of public funds.
At Chabaneix Criminal Lawyers we are experts in this type of crime and we work continuously to obtain the best solution to each problem.