Princess Cristina of Spain to face tax fraud trial over Inaki Urdangarin’s business dealings

Princess Cristina of Spain is to face a tax fraud trial over alleged links to her husband’s business dealings.

It is the first time for modern Spain to put a royal in the dock to face trial.

Infanta Cristina’s husband, Inaki Urdangarin, is accused of embezzling millions in public funds with a former business partner.

Princess Cristina and Inaki Urdangarin deny wrongdoing.

Prosecutors in Palma, Majorca, say Inaki Urdangarin’s sports foundation misused public money.

It is alleged that €5.6 million ($7.5 million) of public money went missing from the Noos Institute, a charitable sports foundation, when Inaki Urdangarin was in charge of it.

Princess Cristina, 49, is under suspicion over €2.6 million of that money. She is the sister of King Felipe VI, and youngest daughter of the former king, Juan Carlos.

The allegations relate to business affairs between 2007 and 2008.

Inaki Urdangarin and his then business partner, Diego Torres, allegedly used the Noos Institute to organize events for the regional governments of Valencia and the Balearic Islands at hugely inflated prices.

Diane A. Wade

Diane is a perfectionist. She enjoys searching the internet for the hottest events from around the world and writing an article about it. The details matter to her, so she makes sure the information is easy to read and understand. She likes traveling and history, especially ancient history. Being a very sociable person she has a blast having barbeque with family and friends.