Spanish Princess Appears In Court On Fraud Probe

Husband's business dealings under scrutiny

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A Spanish princess under investigation for fraud and money-laundering faced questions in a Madrid court on Saturday, marking the first time a member of Spain’s royal family appeared in court under legal scrutiny.

Princess Cristina’s husband Inaki Urdangarin is alleged to have defrauded the country’s regional governments out of public money, though the couple deny any involvement, the BBC reports. Urdangarin is accused of organizing several sporting events through a non-profit organization at highly inflated prices, receiving a total of $7.5 million in public funds. Neither he nor his wife have been charged with any wrongdoing.

The case has been closely followed in Spain, contributing to King Juan Carlos’ fall in popularity in recent years as the case damaged the reputation of Spain’s royal family.

[BBC]