Spanish Princess Suspected in Fraud Case

1st time modern Spain has seen royal suspect called to testify
By Matt Cantor,  Newser Staff
Posted Apr 3, 2013 10:44 AM CDT
Spanish Princess Suspected in Fraud Case
Spain's Princess Cristina, right, and her husband Inaki Urdangarin, left, are seen during the Barcelona Open Tennis Tournament Sunday, April 26, 2009.   (AP Photo/ David Ramos, File)

For the first time since Spain re-adopted democracy in the 1970s, a member of its royal family has been summoned for testimony as a criminal suspect. Princess Cristina, King Juan Carlos' youngest daughter, is suspected in a case related to her husband's financial dealings. Iñaki Urdangarin allegedly moved public funds for a nonprofit group to his own for-profit firms, the Wall Street Journal reports. The princess was on the nonprofit's board. Her husband is also facing a tax evasion probe. His lawyer denies wrongdoing, and neither has been charged. (Read more Spain stories.)

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