Spain’s Former King Leaving Country Amid Financial Scandal

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MADRID – Spain’s former monarch, Juan Carlos I, is leaving Spain to dwell in one other, unspecified, nation amid a monetary scandal, in line with a letter revealed Monday on the royal household’s web site. 

The letter from Juan Carlos to his son, King Felipe VI, mentioned: “I’m informing you of my thought of determination to maneuver, throughout this era, out of Spain.” 

Juan Carlos, within the letter, mentioned he made the choice towards the backdrop of “public repercussions of sure episodes of my previous non-public life.” 

He mentioned he needed to make sure he would not make his son’s function tough, including that “my legacy, and my very own dignity, demand that it ought to be so.” Juan Carlos’ present whereabouts weren’t recognized. 

Spain’s prime minister just lately mentioned he discovered the developments about Juan Carlos – together with investigations in Spain and Switzerland – “disturbing.” 

FILE – Former Spain’s King Juan Carlos sits in a automobile as he leaves Quiron Hospital one week after a coronary heart surgical procedure in Madrid, Spain, August 31, 2019 on this nonetheless picture taken from a video obtained by Reuters.

Since Spain’s Supreme Court opened its probe earlier this yr, Spanish media retailers have revealed damaging testimony from a separate Swiss investigation into tens of millions of euros ({dollars}) that had been allegedly given to Juan Carlos by Saudi Arabia’s late King Abdullah.  

Juan Carlos allegedly then transferred a big quantity to a former companion in what investigators are contemplating as a potential try to cover the cash from authorities. The companion, Corinna Larsen, is a Danish-German businesswoman lengthy linked by Spanish media to the previous king. Spanish prosecutors have requested her to offer testimony within the case in September in Madrid. 

The 82-year-old former king is credited with serving to Spain peacefully restore democracy after the dying of dictator Francisco Franco in 1975.  

But marred by scandals within the later years of his reign, Juan Carlos in 2014 abdicated in favor of his son Felipe VI, shedding the immunity from prosecution Spain’s Constitution grants to the top of state. 

After media reviews claimed Felipe was a beneficiary of an offshore account holding an alleged 65 million-euro ( $76 million) reward from Saudi Arabia to Juan Carlos, Felipe renounced any future private inheritance he would possibly obtain from the previous king. Felipe additionally stripped his father of his annual stipend of 194,232 euros ($228,000). 

FILE – Spain’s King Felipe, Queen Letizia, Princess Leonor and Infanta Sofia arrive to a state tribute in reminiscence of Spain’s COVID-19 victims at Royal Palace in Madrid, Spain, July 16, 2020.

The royal home has denied that Felipe had any data of his father’s alleged monetary irregularities. 

The royal web site mentioned in a press release that Felipe revered his father’s determination. 

Felipe acknowledged the historic significance of his father’s reign, the assertion mentioned, but in addition “reaffirmed the ideas and values on which it stood, within the framework of our Constitution and the remainder of our authorized system.” 

An announcement from Spain’s basic prosecutor’s workplace in June mentioned it was investigating whether or not Juan Carlos acquired tens of millions of {dollars} in kickbacks from Saudi Arabia in the course of the building of a high-speed railway there by a Spanish consortium.  

It referred to as the probe one in all “simple technical complexity.” 

The Supreme Court investigation facilities on developments after mid-2014. That covers the second section of the 2011 contract for the bullet prepare between the Saudi cities of Medina and Mecca — the so-called “AVE of the desert” in reference to the acronym for high-speed trains in Spain. 

The date marks the second when Juan Carlos, struggling amid a number of scandals, handed on the throne to his son after holding it for almost 4 a long time. 

Though Juan Carlos’ funds have been questioned in Spanish media for years, there have to date been no authorized implications for him. Spanish lawmakers have rejected at the least two proposals for the reason that first allegations emerged to open parliamentary investigations. 

The determination to depart Spain means Juan Carlos will vacate the 17th-century Zarzuela palace in Madrid, his dwelling for greater than 50 years. He moved there after marrying the previous queen, Sofia, in 1963. 

“I believe he did not have every other selection than to depart,” mentioned Carmen Torras, a 66-year-old Barcelona resident. “I hope justice can comply with its course.” 

In Madrid, Nadia Rodriguez, 33, welcomed the previous king’s determination. 

“It’s higher that he simply goes,” mentioned Rodriguez, a sports activities instructor. “The fact is that he hasn’t been giving an excellent picture of Spain.” 


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