€8 million bail for King Juan Carlos’ son-in-law

LAST UPDATED: 4 Dec, 2012 @ 11:58
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€8 million bail for King Juan Carlos’ son-in-law

PROSECUTORS in the corruption case involving the king’s son-in-law have asked for his bail to be set at €8 million.

Inaki Urdangarin, who is married to King Juan Carlos’ second daughter Princess Cristina, and his former business partner Diego Torres, are accused of fraudulently claiming public money through a non-profit foundation.

The allegations relate to €5 million which was allegedly claimed between 2004 and 2006 before being siphoned through a number of their companies.

If the judge grants the request, Urdangarin could face having his properties embargoed, although he would not go to prison.

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