All EOS blogs All Spain blogs  Start your own blog Start your own blog 

Live News From Spain As It Happens

Keep up to date with all the latest news from Spain as it happens. The blog will be updated constantly throughout the day bringing you all the latest stories as they break.

Infanta Cristina testifies
Sunday, February 9, 2014 @ 8:09 PM

KING Juan Carlos and Queen Sofía's daughter, the Infanta Cristina testified today (Saturday) in court in Palma de Mallorca, and reportedly gave answers which were 'evasive' in '95 per cent of cases', claiming she simply 'signed what her husband told her to'.

The Duchess of Palma, who has run the charitable and cultural arm of La Caixa bank for over 20 years in various locations in Spain, in Miami and now in Geneva, owed 50 per cent of the company Aizoon and her husband, Iñaki Urdangarín, owned the other half.

But she says she had no idea that the couple's housekeeping staff were employed via Aizoon and that she simply 'trusted her husband' and let him run the company.

Judge José Castro asked her about the money given to her by her father, the King of Spain, to buy the Duke and Duchess' multi-million mansion in Pedralbes (Barcelona province), and the Infanta says she is paying it back in instalments.

As the King is her father, he trusts her to pay it back and no money-laundering is involved, the Infanta declared.

She was asked about the activities of Aizoon invoice by invoice in an exhaustive interrogation lasting from 10.00hrs to 18.00hrs with just a 10-minute break and an hour and a half for lunch, having flown in from Geneva where she transferred to with La Caixa.

The Duchess denied accusations that the firm Aizoon had been set up as a 'front' to launder money and avoid paying tax, saying the Spanish fiscal authority, Hacienda, 'investigates her more than anyone' because of her wealth and status as daughter of the reigning monarch.

Read more at thinkSPAIN.com



Like 0




0 Comments


Only registered users can comment on this blog post. Please Sign In or Register now.




 

This site uses cookies. By continuing to browse you are agreeing to our use of cookies. More information here. x