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Spanish Princess Cristina to face fraud trial.

Spanish Princess Cristina to face fraud trial

Princess Cristina with Inaki Urdangarin in 2008The princess's husband, Inaki Urdangarin, Duke of Palma, is already being prosecuted in the case

The Spanish king's sister, Princess Cristina, is to face a tax fraud trial over alleged links to her husband's business dealings. It is the first time for modern Spain to put a royal in the dock to face trial. Her husband Inaki Urdangarin is accused of embezzling millions in public funds with a former business partner. The couple deny wrongdoing. Prosecutors in Palma, Majorca, say Mr Urdangarin's sports foundation misused public money. It is alleged that €5.6m (£4.6m; $7.5m) of public money went missing from the Noos Institute, a charitable sports foundation, when Mr Urdangarin was in charge of it. Princess Cristina, 49, is under suspicion over €2.6m of that money. She is the sister of King Felipe VI, and youngest daughter of the former king, Juan Carlos. The allegations relate to business affairs in 2007-2008. Mr Urdangarin and his then business partner, Diego Torres, allegedly used the Noos Institute to organise events for the regional governments of Valencia and the Balearic Islands at hugely inflated prices.
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