Saturday, February 8, 2014

Spain princess testifies in historic fraud probe

In this Oct. 4, 1997 file photo, Spain's Princess Cristina, left is escorted to the Barcelona cathedral by her father King Juan Carlos prior to getting married to Inaki Urdangarin. In an unprecedented court appearance on Saturday Feb. 8, 2014 for a direct descendent of a Spanish king, Princess Cristina will answer questions from a judge who has formally named her as a fraud and money laundering suspect. The case is a direct offshoot of one led by the same judge in an investigation of her husband Inaki Urdangarin for allegedly using his position as the Duke of Palma to embezzle public contracts via the Noos Institute, a supposedly nonprofit foundation he set up that channeled money to other businesses. Spain’s royal family just wants the case that has now dragged on for years to end rapidly so the monarchy can try to rebuild the trust it once had. (AP Photo/Armando Franca, File) PALMA DE MALLORCA, Spain (AP) — A Spanish princess headed into court Saturday for a historic judicial hearing to help determine whether she and her husband illegally used company funds for personal expenses, including lavish parties at their modernist Barcelona mansion.








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