Spanish Justice Acquits Princess Cristina in Tax Fraud Trial
Madrid, Feb 17 (Prensa Latina) Princess Cristina, sister of King of Spain Felipe VI, was acquitted today of being part of a corruption case, while her husband, Iñaki Urdangarin, was sentenced to six years and three months in prison.
In its ruling, the Provincial Court of Palma de Mallorca considered that the youngest daughter of the emeritus kings did not commit the two crimes of necessary cooperation in tax fraud which she was accused of in a scandal related to the activities of her husband.
However, the youngest sister of the current Spanish monarch will have to pay a fine of âé¬265,000 in civil responsibility for benefitting, said the sentence of the so-called Nóos case, which in January 2016 sat on the bench a total of 16 co-defendants.
Urdangarin, for whom the Anti-Corruption Prosecutor's Office requested 19 and a half years' imprisonment, was finally sentenced to six years and three months for crimes of prevarication, embezzlement, fraud against the public administration and treasury and influence peddling.
The acquittal of the princess coincides with the line of the prosecution, which did not bring charges against her.
Cristina de Borbón was facing a request for eight years' imprisonment as a supposed cooperator in tax fraud, a request made by Manos Limpias union, the sole accusation of the process that brought criminal proceedings against her.
Manos Limpias, a right-wing entity, estimated that the role of Cristina was essential for her husband to defraud up to a total of âé¬337,138 to the treasury for the years 2007 and 2008 through the company Aizoon, owned by the couple.
During the investigation, Judge José Castro considered that there were ample indications that the princess disposed and spent public money diverted to a front company that she owned at 50 percent with her husband.
The sister of King Philip VI became the first member of the royal family of this European country to sit on the dock after a more than five-year investigation of Nóos Institute.
This non-profit entity was allegedly used by Urdangarín and his ex-partner Diego Torres to divert more than âé¬6 million of public funds.
The trial of Nóos case, one of the major causes of alleged corruption in Spanish judicial history, damaged the image of royalty and was one of the factors that contributed to the abdication of King Juan Carlos I in favor of his son Philip in 2014.
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