King of Spain’s son-in-questioned in the trial of a multimillion-dollar fraud

  • King of Spain's son-in-questioned in the trial of a multimillion-dollar fraud
  • King of Spain's son-in-questioned in the trial of a multimillion-dollar fraud

Spanish court on Saturday questioned the king's son in law, the Duke of Palmskogo Iñaki Urdangarina accused of stealing about 6 million euros through the Noos Institute. He denied the charges, but hastened to add that the royal house had nothing to do with the activities of the Institute.

According to prosecutors, the public organization Noos Institute, which was part of a leadership-in-law of the king, was just a cover for large amounts of budgets Balearic Islands and Valencia, and their future assignments narrow group of people. Institute of highly inflated cost of contracts with local authorities to carry out a variety of sports projects, and then forwarded the funds to commercial firms, including those owned by Urdangarinu.

"In connection with the provision of the court and the publication in the media of some emails might get the impression that the royal house was connected with the activities of the Institute of Noos. Therefore, I declare that its representatives never have evaluated not advised on what not empowered and not allowed approval of the activities that I performed — Urdangarina cites Itar-Tass. — On the contrary, I was advised to leave this activity as not relevant to my status, I did. "

Such suggestions have arisen after Urdangarina former partner Diego Torres gave the court a series of emails. They referred to the King of Spain Juan Carlos I for his patronage of sailing regattas in Valencia, Princess Christina, who as a member of the Institute of Noos, allegedly knew about the authenticity of his work, as well as several representatives of the official residence of the head of state — the Zarzuela Palace.


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