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| Inaki Urdangarin, the husband of Princess Cristina, the Spanish king's sister, faces accusations of fraud |
A key suspect in the fraud case that has embarrassed Spain's royal family has given the first direct account of how King Felipe VI's brother-in-law allegedly embezzled millions of euros of public funds.
Marco-Antonio Tejeiro, an accountant, set out his claims in a detailed written statement to the Spanish court where Inaki Urdangarin, the husband of Princess Cristina, the king's sister, faces accusations of fraud.
The scandal, subject of a four-year investigation by a judge in Palma de Mallorca, soured the reign of former King Juan Carlos, who tearfully handed the crown to his son last month.
Mr Urdangarin, 46, a former Olympic handball player, is accused along with a former business partner, Diego Torres, of creaming off €6 million (£4.76 million) in public funds from contracts to stage events that were awarded to Noos, a supposedly non-profit foundation, partly because of his connections.
Mr Tejeiro, who was Noos's accountant, is to receive a lighter sentence for cooperating with prosecutors, according to a court source, [sic] » | By agencies | Thursday, July 03, 2014
