Infanta Cristina charged with tax fraud and money laundering

crismantilla1 The Spanish royal family was battered by further scandal on Tuesday when the youngest daughter of King Juan Carlos was named as a formal suspect in a long-running corruption inquiry.
Nevertheless, the news that Cristina herself had been charged in the case came as a surprise, not only because the court had resisted doing so for so long, but because it seemed to suggest even to this jaded country that equality before the law might actually exist. At a newsstand on Barcelona’s Las Ramblas, the headline of every paper noted the event in bold face.  “I think it’s good that they’re treating her like anyone else,” says kiosk worker Angeles Sánchez. “It’s about time.”
Princess Cristina, 48, has been summoned to answer allegations of money laundering and tax evasion. The princess would be the first member of the king’s family to appear in court since the restoration of the monarchy in 1975.
The charges relate to alleged embezzlement by her husband, Iñaki Urdangarin. The former Olympic handball player and his business partner, Diego Torres, are accused of siphoning off €5.8m of public funds.The money was allegedly funnelled through their not-for-profit Instituto Nóos and their family business Aizoon, of which Cristina is co-owner.

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