#Fraud : Spain's Royal Family Embroiled In Embezzlement Scandal

Controversy ... Inaki Urdangarin, with his wife Princess Cristina. Photo: Getty Images

The King of Spain's son-in-law has been summoned to testify in a widening fraud and embezzlement scandal that threatens to damage the credibility of the country's royal family.

Inaki Urdangarin, 43, a former Olympic athlete who carries the title Duke of Palma, will face court as part of an investigation into accusations that a non-profit organisation he ran was siphoning off funds from the regional government of the Balearic Islands.

The Noos Institute, which the duke ran from 2004 to 2006, is accused of misusing millions of euro in public funds. The case has made the front pages of Spanish newspapers for weeks, but a judge's decision to name Mr Urdangarin as a formal suspect took the scandal to a new level...read more


Read more: http://www.smh.com.au/world/fraud-scandal-the-duke-the-tourism-conferences-and-the-29m-20111230-1pf54.html#ixzz1i0NSPJq5