Spain: Princess Cristina to stand trial on tax fraud charges

Urdangarin has been charged with breach of legal duty, embezzling public funds, fraud, influence-peddling and money-laundering. The princess is accused of two tax crimes.

hidden December 22, 2014 20:12:35 IST
Spain: Princess Cristina to stand trial on tax fraud charges

Madrid: Cristina de Borbon, sister of Spain's King Felipe VI, will stand trial on charges of tax fraud, the first Spanish royal to face prosecution in court.

Her father Juan Carlos abdicated in June after a series of scandals including an investigation into the affairs of Princess Cristina's husband, former Olympic handball player Inaki Urdangarin, who is accused of embezzling public funds.

Spain Princess Cristina to stand trial on tax fraud charges

Spain's Princess Cristina. AP

Princess Cristina, 49, and Urdangarin are among 17 people ordered to stand trial in the case involving his Noos Foundation charity, the High Court of the Balearic Islands said on Monday.

Cristina and her husband have both denied any wrongdoing.

Urdangarin has been charged with breach of legal duty, embezzling public funds, fraud, influence-peddling and money-laundering. The princess is accused of two tax crimes.

The couple have been ordered to deposit funds with the court to cover possible liabilities - 2.6 million euros ($3.2 million) in the case of Cristina, and nearly 15 million for Urdanganrin.

They now have 20 days to deposit the money, according to a written court ruling, or face having assets seized.

King Felipe is riding high in opinion polls and has tried to modernise the monarchy, including taking rights and duties away from his two sisters, who are no longer formally part of the royal family.

Cristina remains sixth in line to the throne.

Reuters

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

GST collections fall to Rs 87,422 crore in July from Rs 90,917 crore in June
Business

GST collections fall to Rs 87,422 crore in July from Rs 90,917 crore in June

However, July collections are higher than Rs 62,009 crore in May and Rs 32,294 crore in April.

GST Council to discuss Attorney General's opinion on compensation, says Nirmala Sitharaman
Business

GST Council to discuss Attorney General's opinion on compensation, says Nirmala Sitharaman

The attorney general has said that there is no obligation on the Central government to pay the GST compensation shortfall to the states.

Spain and Real Madrid football legend Iker Casillas announces that he's hanging up his gloves
Sports

Spain and Real Madrid football legend Iker Casillas announces that he's hanging up his gloves

Casillas said announcing his retirement was one of the “hardest” and “most difficult” days of his career.