Wednesday, June 25, 2014

Princess and the plea

Something the Borbóns can learn from, not forget;
A Palma de Mallorca court has confirmed that Princess Cristina, sister of King Felipe VI, remains an official suspect in a criminal investigation into graft and money laundering known as the “Nóos case.”
Judge José Castro now wants to put Princess Cristina on trial, although he will first have to hear any appeals.
The decision comes three years after Judge Castro began investigating the business dealings of Cristina de Borbón’s husband, Iñaki Urdangarin, a former Olympic handball player. 
It was nice business if you can get it, and you can get it if you're married to the royals;
Urdangarin and his business partner Diego Torres are thought to have siphoned off over €6 million in public money from the Valencia and Balearics regional governments between 2004 and 2006.
Through their Nóos Institute the partners won government contracts for sports and tourism events without making official bids, then channeled much of the money to privately owned companies and offshore tax havens, after overcharging for services that were sometimes nonexistent, according to the inquiry.
AKA, standard politics.

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