5 Jan 2012

Euronews: Spanish Royal family member denies mishandling money

State prosecutors are investigating allegations of fraud at Urdangarin's non-profit Noos Institute, which organized events to promote sports, tourism and development. An initial government investigation found evidence of inflated receipts for services at the institute.

Urdangarin has denied any wrongdoing, but he did make a public apology for the embarrassment his legal problems were causing the royal family, which has barred him from official events.

No comments:

Post a Comment