The entity's president, José Valle Martínez, stated that journalist Alberto Acosta Hernández, whose name appears on a client list, "is neither a member nor has ever been" of the Circle. The organization insists it has "zero connection" with businesses allegedly linked to former Prime Minister José Luis Rodríguez Zapatero.

The investigation by the Economic and Fiscal Crimes Unit (UDEF) indicates that reports from Análisis Relevante, a company owned by Julio Martínez, were distributed to businessmen and high-ranking officials. One of the Excel files, allegedly sent by Zapatero, includes the reference "Círculo Empresarios Lanzarote" next to Acosta's name, who manages the company Comunicación Fácil.

Valle regrets that the entity has been publicly associated with the case without being contacted by investigators. "We have nothing to do with this," he reiterated, denying any commissions or receipt of advisory reports from Análisis Relevante or any company linked to Zapatero.

The police list also includes other prominent names such as Fernando Bergasa Cáceres, Florentino Pérez, Josu Jon Imaz, Beatriz Corredor, as well as executives from companies like Air China, Netflix, and Huawei Spain. The investigation also mentions Manuel Aáron Fajardo, son of the socialist senator for Lanzarote Manuel Fajardo Palarea, in connection with the airline Plus Ultra.