Infanta Cristina summoned to testify after all, but State law service appeals
Friday, April 12, 2013 @ 1:20 AM
KING Juan Carlos' daughter, the Infanta Cristina has been summoned to testify in the Nóos case despite initial doubts as to whether she was involved.
Her husband, Duke of Palma Iñaki Urdangarín, has already had 8.2 million euros in assets – along with his co-director Diego Torres – embargoed and may face up to 20 years in jail for misappropriation of public funds.
The Nóos Institute was set up as a non-profit organisation to promote sports, culture and tourism in Valencia and the Balearic Islands, in order to qualify for public funding from the regional governments of both, but was in fact a lucrative business which allowed the two directors to pocket millions of euros.
Read more at thinkSPAIN.com