Euro Weekly News - Mallorca 11 - 17 December 2014 Issue 1536

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ISSUE NO. 1536

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11 - 17 DECEMBER 2014

Jail threat for Duke of Palma

THE Duke of Palma, Iñaki Urdangarin (pictured), is facing 19 years and six months behind bars and a €3.5 million fine. The Anti-corruption Public Prosecutor’s Office will reportedly ask for a combined prison sentence of more than 100 years for all the defendants in the Noos Case, including 19 years and six months for Iñaki Urdangarin – the husband of the Infanta Cristina – and 16 years and six months for his former associate Diego Torres. They stand accused of allegedly diverting public funds and misappropriating up to €5.9 million.

Urdangarin faces charges of embezzlement, fraud, money laundering, tax offences, false statement on a public document and false statement on a mercantile document, among others. However, it appears the Public Prosecutor has found no proof that the Infanta Cristina – Duchess of Palma and sister of Spanish King Felipe VI – has committed any crimes. It is believed, however, that she may have benefited from the funds diverted by her husband and could be asked to repay up to €600,000.

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Euro Weekly News - Mallorca 11 - 17 December 2014 Issue 1536 by Euro Weekly News Media S.A. - Issuu