Spanish Princess Faces Trial for Fraud, Money Laundering

World | January 7, 2014, Tuesday // 13:42
Bulgaria: Spanish Princess Faces Trial for Fraud, Money Laundering File photo

The youngest daughter of Spanish King Juan Carlos has been summoned to appear in court over accusations of fraud and money-laundering.

The Infanta Cristina, 48, has been linked to the business affairs of her husband, Inaki Urdangarin, who is being investigated for alleged embezzlement.

The princess is now a formal suspect and should appear in court on March 8, according to the BBC.

Palma de Mallorca court judge Jose Castro ordered the princess to appear for questioning about her partnership with Urdangarin in a firm called Aizoon.

Urdangarin is already under investigation for allegedly using his position to embezzle several million dollars in public contracts assigned to a supposedly nonprofit foundation he set up.

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Tags: Spain, princess, Infanta Cristina, fraud, money laundering

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