BBC News – Spanish Fraud Case Batters Image of Monarchy Reply

Princess Cristina IndictedBy Tom Burridge, BBC News, Madrid, January 8, 2014–Spain’s Princess Cristina, the youngest daughter of King Juan Carlos, is set to appear in court over allegations of money laundering and tax fraud. Never before has any member of the Spanish royal family been questioned in court over corruption allegations.

And the scandal, which has littered the Spanish press for several years now, holds serious implications for the reputation, and future, of the monarchy in Spain.  Princess Cristina’s wedding to the then Spanish professional handball player Inaki Urdangarin in Barcelona in 1997 had a fairytale feel. But towards the end of 2011, his name started to be linked in the Spanish media to a long-running corruption investigation.

And in December of that year the son-in-law of the king was made an official suspect in the case. The allegations that started to emerge in the Spanish media, were that Mr Urdangarin and his then business partner, Diego Torres, had used their non-profit Noos Institute to organise events for the regional governments of Valencia and the Balearic Islands at hugely inflated prices.

Read more and see the video here on BBC News.co.uk: http://www.bbc.co.uk/news/world-europe-25647060

Video courtesy of BBC News

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