Wednesday, February 29, 2012

MALLORCA TODAY - The Duke of Palma had another foundation

Iñaki Urdangarin, the Duke of Palma, may have returned to Washington with Princess Cristina, but this doesn't mean the end of the affair. Anything but. Evidence from his declaration that is filtering out shows that nine months after the King ordered him to disassociate himself from the Instituto Nóos in 2006, another organisation was set up - the Fundación Deporte, Cultura e Integración. This was formed along with the Duke's ex-business partner Diego Torres and totally went against the King's wishes. Prosecutors are looking at whether this foundation effectively headed a network that channelled money to London, Belize and Luxembourg.

Meanwhile, the appearances in court will continue for several weeks and indeed months. Eleven people have been indicted to appear along with 45 witnesses in order to declare before the investigating judge. These include ex-president of the Balearics, Jaume Matas, and former minister, Jaume Font, now leader of the La Lliga party.

Update: The chief prosecutor has ruled out indicting the Duke's wife Princess Cristina, saying that he believes she knew nothing of her husband's affairs.

No comments: