Spanish princess suspected of money laundering

2024 Author: James Gerald | [email protected]. Last modified: 2023-12-17 14:00

Not everything is calm in the Spanish kingdom. And in the family of the monarch, a loud scandal is brewing at all. The youngest daughter of King Juan Carlos I, Princess Cristina, is accused of tax evasion and money laundering.

On March 8, Her Highness will face trial. Princess Christina found herself in an unpleasant situation due to the illegal activities of her husband, Duke Iñaki Urdangarin.

According to the investigation, the charitable organization, whose leadership included her husband, transferred more than a million euros from the state budget to the company Aizoon, co-owned by Infanta Christina. Urdangarin, in turn, together with his former partner, are being held within the framework of another criminal case. They are suspected of embezzling € 5.8 million.

According to some reports, the Spanish royal family is demanding that the Infanta divorce and renounce the title of Duchess of Palma de Mallorca, which she received after her marriage in 1997.

The princess and her husband deny their guilt. The couple can appeal against the charges. In addition, the court also has the right to remove them after reviewing the case.

Her Highness Cristina may become the first close relative of the king in the history of modern Spain to stand trial. After starting an investigation into herself and her husband, the princess tried not to appear in public.

The Spanish royal house has already responded to the accusations against the princess. The palace officials said the family members intend to show "maximum respect for court decisions." If the daughter of the monarch is found guilty, she faces up to six years in prison and a fine that can exceed the amount of illegally legalized funds three times.