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Showing posts with the label The King of Spain’s son-in-law was at the centre of a corruption storm today as he came under investigation for siphoning off public money.

The King of Spain’s son-in-law was at the centre of a corruption storm today as he came under investigation for siphoning off public money.

Inaki Urdangarin - the husband of King Juan Carlos and Queen Sofia's youngest daughter Infanta Cristina -  is suspected of misappropriating cash paid into an NGO. The former handball player now faces a possible interrogation by investigating judge Jose Castro  and risks causing huge embarrassment for the royals. It is claimed that his non-profit company, Instituto Noos, was given an enormous 2.3million euros (just under £2million) by  the Balearic Islands’ regional government  to organise two conferences on tourism and sport in 2005 and 2006.  The judicial investigation is looking into whether the bills for the events were inflated and if the money ended up in private companies run by Urdangarin, who is Duke of Palma, the capital of Majorca. Urdangarin, 43, left Instituto Noos in 2006, months after the exorbitant sums paid by the Balearic government were revealed by the Socialist Party.     He said today: 'I cannot comment about on-going ju...