Spanish Royal Family Fraud Case: First Evidence against King Felipe VI's Brother-in-law

Inaki Urdangarin, the husband of Princess Cristina, the Spanish
king's sister, faces accusations of fraud

THE DAILY TELEGRAPH: An accountant and co-accused has provided written testimony of how Princess Cristina's husband allegedly creamed off millions of euros

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

Spain's Princess Cristina Arrives at Court in Mallorca

Princess Cristina of Spain

BBC: Spain's Princess Cristina has arrived in court to be questioned in connection with a corruption scandal involving her husband's business dealings.

It is the first time in history that a member of Spain's royal family has appeared in court as the subject of a criminal investigation.

Her husband Inaki Urdangarin is alleged to have defrauded regional governments of millions of Euros of public money.

Rebecca Jones spoke with BBC correspondent Tom Burridge, who reports live from outside the courthouse in Mallorca. (+ BBC video) » | Saturday, February 08, 2014

Related »

Spain's Princess Cristina Accused of Being 'Evasive' in Tax Fraud Court Case

THE DAILY TELEGRAPH: Daughter of Spanish King Juan Carlos grilled for several hours in historic inquiry into alleged financial scandal involving her husband, Iñaki Urdangarín

Spain’s Princess Cristina was accused of being “evasive” today as she gave evidence for the first time in a corruption case that has tarnished the image of the country’s royal family.

The 48-year-old younger daughter of King Juan Carlos was grilled for several hours by José Castro, an investigative judge, as part of an inquiry into an alleged financial scandal involving her husband, Iñaki Urdangarín. » | Fiona Govan, Madrid | Saturday, February 08, 2014

Related »

Spanish Royal Family Braces for Princess Cristina's Court Appearance

Princess Cristina de Borbón and her husband, Iñaki Urdangarin

THE GUARDIAN: Allegations of money laundering and tax evasion against king's daughter are latest episode in family's fall from grace

When a boulevard in Palma de Mallorca was renamed to honour Princess Cristina de Borbón and her husband, Iñaki Urdangarín, in 1998, it seemed like a good fit. It was one of the city's most regal thoroughfares, lined with trees and dotted with fountains and Roman statues, and they were the feted new couple of the Spanish crown. The princess's father, King Juan Carlos, had recently given the pair the titles the Duke and Duchess of Palma.

Fifteen years later, the city changed its mind. Urdangarín was under investigation for embezzlement and questions were being asked about how much his wife knew. "He has conducted himself poorly and has shown a lack of consideration towards the title and the name of our city," said a spokesperson in explanation for why the city was reverting back to the old name of the boulevard.

On Saturday, just a few streets away from the renamed La Rambla, Spain's royal family will live out another chapter in their steady fall from grace. At 10am Princess Cristina de Borbón has been summoned to the city's imposing stone courthouse to answer allegations of money laundering and tax evasion.

The 48-year-old princess will be the first royal-born member of Spain's ruling Bourbons to appear in court since the monarchy was restored in 1975. She will be questioned by prosecutors, the investigating judge José Castro and dozens of lawyers over her role in one of Spain's longest-running corruption scandals. Both Cristina and her husband have denied any wrongdoing.

At its best, Cristina's appearance in court on Saturday could be cathartic for Spain's ailing monarchy, clearing her of wrongdoing and showing the world that justice plays out equally for every Spanish citizen, royal or not.

But at its worst, this weekend's court appearance could result in criminal charges against the princess, and up to six years of jail time and steep fines. Read on and comment » | Ashifa Kassam in Palma de Mallorca | Friday, February 07, 2014