verdict due in spanish royals fraud trial
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Verdict due in Spanish royals' fraud trial

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleVerdict due in Spanish royals' fraud trial

Madrid - AFP

Princess Cristina of Spain could face jail when she learns the verdict Friday in her trial over claims she helped her husband evade taxes.

The 51-year-old sister of King Felipe VI is the first Spanish royal to face criminal charges since the monarchy’s 1975 restoration, in a case that has sullied the reputation of the royal household and become a symbol of perceived corruption among Spain’s elites.

The scandal broke in 2011, just as the country was going through a deep economic crisis.

A court in Palma, on the Mediterranean island of Majorca, is due to rule at noon (11:00 GMT) on whether Cristina and her husband Inaki Urdangarin are guilty. The couple will not be in court for the verdict, which can be appealed.

If convicted, Cristina faces up to eight years in prison for complicity in tax fraud over her 49-year-old husband’s work with a non-profit foundation.

 

Urdangarin, a former Olympic handball medallist who was charged with the more serious crimes of embezzlement, influence peddling, forgery and money laundering, could face more than 19 years in prison and a 980,000 euros ($1 million) fine over claims he siphoned millions from public funds.

The couple, who have been married since 1997 and have four children together, went on trial last year along with 15 others, including former government minister Jaume Matas.

Urdangarin has grown visibly thinner over five months of hearings that have garnered huge media interest, while the princess has largely stayed mute in court.

– Family drama –

The case centres on accusations that Urdangarin used his royal connections to win inflated public contracts to stage sporting and other events, and then siphoned off the proceeds to fund a lavish lifestyle.

He and his former business partner Diego Torres are accused of embezzling about six million euros ($6.4 million) in public money that was paid to the Noos Institute to organise events.

In one example, the company charged authorities 1.2 million euros for a two-day tourism and sports event — “a completely disproportionate price” based on a “fictitious budget”, according to prosecutors.

Some of the money was allegedly moved to a firm jointly owned by Urdangarin and Cristina, the youngest daughter of former king Juan Carlos I. 

Aizoon has been labelled a “front company” in court documents.

Authorities conflicted over whether Cristina should be tried, with an investigating judge insisting she should but the treasury and public prosecutor’s office concluding she had not committed any offence. 

She was finally tried after a rightwing pressure group, “Manos Limpias” or “Clean Hands”, brought a tax evasion case against the princess, as Spanish law permits private groups to initiate criminal proceedings.

But Manos Limpias’ own image was tarnished in the trial when its leader was detained for alleged extortion and other charges, accused of asking Cristina’s lawyers for money in exchange for dropping its accusations of tax evasion complicity against her.

The scandal exacerbated falling support for Juan Carlos I, who abdicated in June 2014 and handed the crown to his son Felipe.

The current king has publicly distanced himself from his sister, who has been barred from carrying out public functions.

source: AFP

themuslimchronicle
themuslimchronicle

GMT 08:51 2017 Saturday ,04 November

What next in the Catalan crisis?

GMT 09:54 2017 Wednesday ,01 November

What next in the Catalan crisis?

GMT 08:30 2017 Wednesday ,23 August

Spain attacks: What we know

GMT 03:10 2017 Wednesday ,23 August

Spain terror cell: what we know about its members
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

verdict due in spanish royals fraud trial verdict due in spanish royals fraud trial

 



Themuslimchronicle, themuslimchronicle

GMT 08:32 2011 Monday ,25 July

Sabri accuses Yusri in Souad Hosni’s murder

GMT 12:07 2014 Monday ,03 February

Home design ideas

GMT 11:20 2017 Thursday ,02 March

Mexico central bank cuts growth outlook over Trump

GMT 08:31 2017 Tuesday ,28 November

Bangladesh upholds death sentence for 139 soldiers

GMT 14:33 2017 Thursday ,20 April

US defense secretary vows support for Egypt's Sisi

GMT 16:12 2017 Wednesday ,20 December

Myanmar bars UN rights investigator just before visit

GMT 08:21 2017 Wednesday ,30 August

United Technologies near deal to buy Rockwell Collins

GMT 18:27 2017 Friday ,21 April

ARCO condemns targeting of ERC convoy in Somalia

GMT 07:23 2017 Tuesday ,21 November

perched in Jerusalem's hills may soon vanish

GMT 19:33 2017 Tuesday ,10 October

US scientists engineer corn to boost protein

GMT 08:43 2017 Monday ,04 December

Brexit deal 'difficult but doable': diplomats

GMT 11:24 2017 Friday ,03 March

Lego honors 'Women of NASA'

GMT 11:35 2017 Tuesday ,05 December

Bahrain's top Shiite cleric hospitalised

GMT 21:39 2017 Saturday ,30 September

Abdel Karim praises Egypt’s role

GMT 10:11 2017 Tuesday ,12 December

Latest Grateful Dead resurrection -- a duo

GMT 15:43 2017 Monday ,04 December

Yemen's Huthi rebels claim ex-president Saleh killed

GMT 15:59 2017 Thursday ,30 November

Bahrain Bourse daily trading performance
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle