# Corruption investigations involving Víctor de Aldama > Live situation record from CLSTR: https://clstr.news/situations/corruption-investigations-involving-vctor-de-aldama > Updated: 2026-09-27T07:30:00.000Z. Sources: 26. Developments: 4. Investigations into businessman Víctor de Aldama have expanded across different sectors of alleged corruption in Spain. Initially, the European Public Prosecutor's Office identified a money laundering scheme involving approximately 27.9 million euros. Between 2022 and 2024, Spanish companies in the hydrocarbon sector reportedly transferred funds to Portuguese shell companies to evade VAT and launder illicit gains. Of the identified funds in Portugal, approximately 11.8 million euros have been seized. This investigation is linked to a broader probe into a suspected 182 million euro fraud within the hydrocarbon industry. In the ‘hydrocarbon case’, the Civil Guard’s Central Operative Unit (UCO) has requested that Judge Santiago Pedraz of the Audiencia Nacional order the immediate freezing of bank accounts belonging to Portuguese companies linked to Aldama and his partner, Claudio Rivas. Identified entities include Atmosferaudaz Unipessoal, Proezencontrada, and Cuboflamejante, which reportedly received funds from Spanish structures such as Salamanca Fuel Center and Casmar Hidrocarburos. Regarding Rivas, investigators noted that EF Iber Combustiveis received capital from Spanish entities like Villafuel and Still Growing. Recent developments specify that the network is accused of a tax fraud totaling approximately 182.5 million euros through the company Villafuel SL. The UCO has documented the diversion of over 78 million euros to Portugal, though a discrepancy exists between the 78.3 million euros identified by the UCO and the 56.5 million euros confirmed by Portuguese authorities. Additionally, investigators have requested a European investigation order to determine if funds were used to purchase cryptocurrencies in Ireland. Specifically, they are tracking a transfer of 213,663 euros from Letras e Contrates to Payward Europe LTD, the parent company of the Kraken exchange, through multiple transactions in 2022. ## Claims - The UCO requested Judge Santiago Pedraz to block bank accounts in Portugal belonging to Víctor de Aldama and Claudio Rivas. (corroborated by 5 sources) - The tax fraud in the hydrocarbon sector is estimated at 182.5 million euros. (corroborated by 4 sources) - Investigators requested a European order to check if funds reached cryptocurrency companies in Ireland. (corroborated by 4 sources) - A specific transfer of 213,663 euros was detected from Letras e Contrates to the Irish company Payward Europe LTD. (corroborated by 4 sources) - More than 78 million euros were diverted to Portugal to launder funds through shell companies and cryptocurrency. (corroborated by 3 sources) ## Timeline ### 2026-09-27: Portugal linked to suspected hydrocarbon fraud investigation Journalist Ketty Garat alleges that Víctor de Aldama used shell companies in Elvas, Portugal, to facilitate tax evasion and manage funds related to a hydrocarbon fraud investigation. 3 sources. https://clstr.news/cluster/portugal-linked-to-suspected-hydrocarbon-fraud-investigation ### 2026-09-23: Aldama hydrocarbon fraud: UCO seeks to block Portuguese accounts The UCO has requested the blocking of Portuguese bank accounts linked to a 182 million euro hydrocarbon fraud involving Víctor de Aldama, with funds potentially diverted into Irish cryptocurrencies. 13 sources. https://clstr.news/cluster/spanish-investigators-seek-freeze-on-aldamas-portuguese-bank-accounts ### 2026-09-21: Spanish prosecutors corroborate Aldama's bribery allegations against Grupo Azvi Spanish anti-corruption prosecutors state that allegations of bribes in public works contracts made by Víctor de Aldama have been corroborated by evidence, impacting construction firm Grupo Azvi. 2 sources. https://clstr.news/cluster/spanish-prosecutors-corroborate-aldamas-bribery-allegations-against-grupo-azvi ### 2026-09-02: Víctor de Aldama implicated in 27.9 million euro laundering scheme The European Public Prosecutor's Office has implicated Víctor de Aldama in a 27.9 million euro money laundering scheme using Portuguese shell companies to evade VAT in the Spanish hydrocarbon sector. 10 sources. https://clstr.news/cluster/vctor-de-aldama-implicated-in-279-million-euro-laundering-scheme-1 --- Cite as: Corruption investigations involving Víctor de Aldama. CLSTR, https://clstr.news/situations/corruption-investigations-involving-vctor-de-aldama