Saturday, May 25, 2013

Spain's Princess Cristina to be investigated for tax fraud...

Princess Cristina, the youngest daughter of Spain's Juan Carlos, is to be investigated for possible tax fraud and other financial crimes in the latest twist in an embezzlement scandal plaguing the Spanish royals.

The princess was initially named as a suspect and subpoenaed to testify in an investigation of fraud and embezzlement centring on her husband, IƱaki Urdangarin, the Duke of Palma, but the decision was reversed by a judge on appeal earlier this month.

However, the same judge on Friday ordered a fresh probe into the financial affairs of the Infanta after examining 10 years of her tax returns submitted to the court in the investigation against her husband.

 Jose Castro, investigating magistrate at the Palma de Majorca court in charge of the Noos case, ordered Spain's Treasury to provide him with a report on the Princess's property and other assets. Full story...

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