Saturday, 13 June 2015

Tax fraud: Spain’s Princess Cristina stripped of title

Tax fraud: Spain’s Princess Cristina stripped of title
Cristina’s lawyer, Miquel Roca, said the princess had sent a letter to the king asking for the title to be removed but the palace said the king had made the decision before the letter arrived and he communicated the decision to his sister by phone Thursday.
The princess has been indicted as part of a four-year probe into her husband, Inaki Urdangarin, who faces charges including money-laundering and fraud. Urdangarin automatically loses his title as duke at the same time.
The couple’s trial is expected late this year.
Cristina is sixth in line of succession to the throne and calls have increased for her to renounce her princess title and rights to the throne so as to protect the image of the monarchy ahead of the trial. The couple has been sidelined from royal acts since 2011.
The princess was given the title when she married Urdangarin in 1997.
She is the first Spanish royal family member ordered to stand trial since the monarchy was restored in 1975. If convicted she could face up to four years in prison. Urdangarin, a former Olympic handball medalist turned businessman, faces a possible sentence of up to 19 years.

Source: NAN

No comments:

Post a Comment

Your comments and reactions to this post are highly welcome. Please be civil in doing so, as offensive, racist and vulgar comments will be deleted without prior notice. Thanks

Disclaimer: The comments here do not reflect or represent the views of NkiruHomann.