Spain’s princess stands trial for Tax fraud charges

Spain’s Princess Cristina has appeared in court on charges of tax fraud, the first member of the royal family to stand in the dock, as a lengthy investigation into her husband’s business affairs finally went to trial.

King Felipe’s 50-year-old sister is one of 18 people on trial after a six-year investigation into the Noos Foundation, a charity run by her husband Inaki Urdangarin, that prosecutors say was used to embezzle millions of euros in public funds.

Details of the probe badly damaged the image of the royal family at a time when ordinary Spaniards were grappling with a devastating economic crisis and tapped into popular disgust at cases of high-level corruption among bankers and politicians.

 

Her lawyers asked the three female judges overseeing the trial to drop the criminal charges against her and the state prosecutor said there was insufficient evidence to back up the accusations.

The charges against the princess were privately filed by the “Clean Hands” anti-corruption organisation using a Spanish legal instrument known as the “people’s accusation”. One of the judges said the court would decide before February 9 whether to drop the charges.

Urdangarin, a former Olympic handball player who was seated apart from his wife in the court, is accused of using his royal connections to win public contracts to put on events through the non-profit organisation.

Prosecutors say some of the foundation’s money was transferred to a company largely owned by the princess and Urdangarin and used to pay for personal items ranging from parking tickets to children’s birthday parties.

Cristina is charged with two counts of being an accessory to tax fraud and, if found guilty, could face up to four years in prison for each charge – a maximum of eight years.

Urdangarin is accused of nine crimes including fraud and tax evasion with a combined potential jail sentence of 19 and a half years. Urdangarin and his partners allegedly overcharged local governments for putting on conferences about sports and business, then hid the proceeds abroad.

 

Courtesy by:

http://www.theaustralian.com.au/news/latest-news/spains-princess-stands-trial-for-fraud/news-story/b26241fd7ffc4edb1ed632dcdbd9e593

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