Some days ago in a country in southern Europe, whose name I do not want to remember, several institutional investors, semantic way of referring to the interventionist state agency in private companies composed of representatives of Tax office, Industry, Economy, Development, Social Security and Agriculture, they considered that there was a clear conflict of interest if the position of independent director is assigned, from a intervened company, responsible for another private company that contracts the company received operated in excess of 2.5% of their income.

Furthermore in this country 84 former senior officials have received authorization from the Office of the Conflict of Interest to engage the private sector. Of these 12 have returned to their previous activity, 10 have been incorporated into foundations, 9 to multinational companies, 9 to companies listed on the Stock Exchange, 6 to universities, many of them have established advisory firms (mostly related to the administrative sector which came) and some have joined Cooperation Agencies.