Princess ‘not a suspect’ in fraud probe

A Spanish court has dropped plans to call King Juan Carlos’ daughter as a suspect in a corruption case, following an appeal by prosecutors.
By The Newsroom
Published 7th May 2013, 20:29 BST

The Palma de Mallorca court said it had accepted the appeal against calling 47-year-old Princess Cristina for questioning in a case concerning the alleged embezzlement of public funds by her husband Inaki Urdangarin and his former business partner.

The nearly three-year investigation centres on whether Urdangarin and his former business partner took advantage of 
their royal connections to funnel about 5m euros in public 
funds that their non-profit 
Noos Institute received into private businesses they also controlled.

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The court accepted the prosecution’s argument that there was insufficient evidence of the princess’s involvement in the institute’s dealings but said she could still be called to answer questions regarding possible tax fraud and money laundering if the investigating judge produces new evidence.