sexta-feira, 17 de fevereiro de 2017

Spanish King's brother-in-law sentenced to prison, sister fined in fraud case

Composite photo of two file photos taken from a internal TV of Spain's King Felipe VI's sister Princess Cristina de Borbon (R), dated Mar. 3, 2016, and her husband Inaki Urdangarin, dated Mar. 2, 2016, testifying before court during a session of the trial in the so-called Noos corruption case, in Palma de Mallorca, Balearic Islands, Spain.  EFE/Cati Cladera
The brother-in-law of Spain's king has been sentenced on Friday to six years and three months in prison over a corruption and fraud case that also involved his wife Princess Cristina.

A court in Palma de Mallorca fined the princess 265,088 euros ($282,252) but did not hand down a jail term for her involvement in the fraud, as she was exonerated from charges that she collaborated with her husband's tax evasion.

Former Olympic sportsman Iñaki Urdangarin, who married the sister of King Felipe VI in a lavish society wedding in 1997, was found guilty of participating in a plot to unlawfully derive financial benefit from public funds that were obtained and channeled through supposedly non-profit entities.

The court's three judges unanimously decided on a prison sentence of six years and three months for the former handball star, who was convicted on charges of obstruction of justice, embezzlement, fraud, influence peddling and two counts of tax evasion.

In addition, Urdangarin was fined 512,000 euros.

Spain's anti-corruption prosecutor had asked for a sentence of 26 years and six months' imprisonment for Urdangarin.

Meanwhile, Urdangarin's former business associate, Diego Torres, was sentenced to eight years and six months in prison and fined 1,723,843.10 euros.

Torres was found guilty of, among other crimes, defrauding the treasury by illegally transferring hidden income through an international web of shell companies based in the United Kingdom and Belize.

His wife, Ana Maria Tejeiro, was exonerated of all tax crimes but was fined 344,934 euros as a beneficiary of her husband's illicit enrichment.

On the other hand, the former regional president of the Balearic Islands, Jaume Matas, was sentenced to three years and eight months in prison for his role in the fraud scheme.

The Balearic government, under the control of the conservative Popular Party, had funneled public funds into Urdangarin and Torres' "non-profit" the so-called Nóos Institute to the tune of 2.3 million euros.

Urdangarin used his prominent position as the husband of the Duchess of Palma and a member of the Royal Family to secure public contracts from his acquaintances in various public bodies.

Nóos received more than three million euros from the regional government of Valencia and an annual contract worth 120,000 euros from Madrid's failed bid to host the 2016 Olympic Games.

King Felipe and his wife, Queen Letizia, were inaugurating an exhibit at Madrid's Thyssen museum when the verdict became known.

A spokesman for the Royal Office reacted to the news by re-affirming its "absolute respect for the independence of the judiciary power."

Princess Cristina's attorney, Miquel Roca, said the verdict was satisfactory as she was exonerated from the tax evasion charges, but said she was "dismayed" by Urdangarin's prison sentence because she "continues to believe in his innocence."

Source: EFE

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