By Wendy Williams
KING Juan Carlos ordered his son-in-law to cut all ties with his job at Instituto Noos, the company now mired in fraud allegations.
In the latest twist in a scandal that has rocked the monarchy over Christmas, the king also allegedly told Inaki Urdangarin, who is married to his daughter, the Infanta Cristina, to move to America.
The claims come as the authorities continue their investigation into the activities of the not-for-profit company run by Urdangarin, the Duke of Palma de Mallorca, between 2004 and 2006.
“The king ordered him to stand down from his activities in 2006 and he sold his shares,” revealed a palace official.
Indeed, Urdangarin, 43, now works for Spanish phone giant Telefonica in Washington, where he lives with his wife.
But it has emerged that he negotiated a string of personal consulting contracts with Spanish and foreign firms, which brought him in more than 200,000 euros a year.
It was said to have enabled him to buy a five million euro home in Barcelona.
He now faces charges of misappropriation of public funds, falsification of documents, public administration fraud and dereliction of duty.
He is due to appear in court next month.
to leave what job exactly ?
I think he represents Spain quite well
he seems well qualified to become a politician in Spain, now that Don Camps (SuitSuit-Paco), Don Rocca (Toilettebowl-Tony), Don Mata(Ibiza-Jimmy), Don Muñoz (Dandy-Juli) are gone …… Don Iñaki (Uganda-Idi)
Amazing for all his financial manipulations of a firm that did no business, and he didn’t KNOW his wife was billing a regular monthly salary, telephone expenses, dining & hotel expenses,… etc?!! Perhaps naive!???
He must stick to Handball