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If Princess Christina is convicted of any wrongdoing, she could be
sent to prison. Christina’s husband, Inaki Urdangarin, is also
accused of embezzling millions of euros worth in public funds with
a former business associate.
It has been alleged that €5.6m of public money went missing from a
the Noos Institute, a charitable sports foundation which used to be
owned by Mr Urdangarin.
2014 has been a landmark year for the Spanish Monarchy. With the
abdication of King Juan Carlos in June and a new King & Queen now
ruling the country, the Royals have been going through a rocky
period. The scandal is the last thing that King Felipe VI
wants to happen after he recently ascended the throne, where he
promised that the country will have a “honest and transparent
monarchy”.
In addition to Princess Cristina and Mr Urdangarin, the court has
ordered that 15 other suspects will stand trial alongside them.
On Monday, the court presented Mr Urdangarin with a list of charges
including embezzlement where he was ordered to pay a bond of 15
million euros. The couple vigorously deny any wrongdoing and
Christina’s lawyer, Miquel Roca, said that the Princess was
“surprised and upset” by the decision for her to face
trial.
Princess Cristina was once one of the most popular members of The Spanish Royal Family with millions of people watching her wedding to former Olympic athlete, Urdangarin, in 1997.
However, the couple now live in Geneva where they try to stay out of the limelight.
It is thought that the scandal contributed to the abdication of King Juan Carlos earlier this year. The 76 year old gave way for his son, Felipe, to freshen up the monarchy.
However, before his abdication Juan Carlos was criticised over costly hunting trips, at a time when the Noos scandal was regularly making international headlines.
Despite turbulence in recent years, republicanism is still only favoured by a minority.
You can read more about Spain’s Royal fraud scandal in Royal Central‘s Ermine and Pearls blog.
photo credit: OEA – OAS and myalexis via photopin cc]]>


