| NATIONAL Police say disgraced Royal son-in-law Iñaki Urdangarín managed to 'lose' 700,000 euros of the Nóos foundation in an account in Luxembourg.
And Urdangarín's wife, the Infanta Cristina – daughter of King Juan Carlos and Queen Sofia – is said to have had a bank account containing 12,000 euros of money from Nóos.
Investigators involved with the high-profile money-laundering case say deposits were made into the Luxembourg account – in the name of the company De Goes Centre for Stakeholder Management Ltd – over several months in varying quantities by Urdangarín and his business partner, Diego Torres.
With the bank account in the Infanta Cristina's name containing 12,671 euros, another joint bank account between the couple and various other transfers found, it is thought that the Duke and Duchess of Palma extracted around 1.1 million euros from the Nóos foundation.
Most of it came from Nóos Consultoria, a satellite firm used by Urdangarín and Torres to 'lose' 16 million euros from the company.