Search thinkSPAIN.com for  in 
spain jobs
backprinttell a friend

Urdangarín's co-director: “The Royal household sanctioned our every financial activity”
By:
thinkSPAIN , Saturday, January 9, 2016

EX-DUKE of Palma Iñaki Urdangarín's business partner Diego Torres insisted that the Royal household sanctioned the pair's financial transactions and that they 'always acted in good faith'.

Torres and Urdangarín are facing at least 16 years in prison for public fund embezzlement through their company, the Nóos Institute, deliberately set up as a non-profit entity for promoting cultural and sporting events, but which was in practice a lucrative corporation.

Urdangarín's wife, the Infanta Cristina – King Felipe VI's youngest sister – is also facing trial, but on a smaller scale.

Cristina and Iñaki were stripped of their titles of Duke and Duchess of Palma by Felipe VI in light of their impending court hearing.

But Torres, in an interview with the talk show El Objetivo on Spain's channel six, La Sexta, stressed that the Royal household 'supervised all the Nóos Institute's activity'.

Is there anything wrong with the behaviour of the Royal household, or that of its manager, or of the Infantas Cristina and Elena's secretary Carlos García Revenga? No, there isn't, and I will always maintain there isn't, and that they have always acted correctly,” Torres told presenters on the programme, which is not due to be aired until tomorrow (Sunday, January 10).

They reviewed everything we did and said, 'yes, that's great', or 'yes, I think that's wonderful', or 'go for it, then', and always guided us,” Torres insisted.

Despite insisting Urdangarín is 'every bit as innocent' as he himself is, Torres could not help a dig at his former co-director by adding: “Nobody's found, in any of my companies, invoices for Salsa classes, trips to Rome to watch football matches, or safaris in Africa.”

Torres and Urdangarín are charged with power-dealing, bribery, fraud, tax evasion, forgery, money-laundering and embezzlement.

The full hearing of all parties believed to be involved, including the Infanta Cristina, is due to start on January 16 and could take up to five months to complete.

 

 

 
Print Share Article RSS News Feed
print tell a friend stumble it!  delicious  digg it!  facebook   rss feed View feed | Add to my RSS reader rss feed

Latest Balearic Islands News
Welsh holidaymaker, 25, critical after Ibiza bar attack by English football fans
Crime/Incidents - (19/6/2016)
Woman of 62 critical after near-drowning off Menorca beach
Crime/Incidents - (13/6/2016)
Tourist, 20, critical after Magaluf balcony fall
Crime/Incidents - (13/6/2016)
 
Latest Politics & People articles
Will 'Brexit' influence how Spaniards vote today? Statistics show seven in 10 support being in the EU
Spain  - (26/6/2016)
Spain goes to polls tomorrow for a general election overshadowed by 'Brexit'
Spain  - (25/6/2016)
Brexit 'Catalunya collateral' feared as Scotland reconsiders its future in the UK
Spain  - (24/6/2016)
 
  back
Follow thinkSPAIN on
Facebook Twitter
 
 
 
 
 
Spanish news archive Costa Blanca news Costa del Sol news Alicante news Castellon Valencia news Barcelona news Catalonia Costa Brava news Madrid news Tenerife news Canary Islands Malaga news Marbella news Andalucia news Sevilla news Costa Almeria news Murcia news Costa Calida Aragon news Asturias news Balearic news Mallorca Menorca news Ibiza Basque news Bilbao Cantabria news Castilla La Mancha news Castilla Leon news Extremadura news Galicia news La Rioja news Navarra news Spanish Travel Tourism news Spanish Property Spain directory services Spanish A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Jobs in Spain Postcodes Spanish weather Spain History Spanish Culture Flamenco dancers Sevillanas Bullfighting bullfight bull fighting matador bullfighter Spanish Education Spain Schools Facts about Spain Clubs in Spain mortgages Spanish bank Spain banking Spanish banks Spain inheritance Spanish wills Spanish healthcare in Spain Working in Spain work Spanish employment Driving Spain cars Spanish car Spain Tax & Spanish Residency Property in Spain for Sale Spanish property to rent Spain holiday lets Spain news Spanish Properties SpainSave costa blanca 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 costa del sol 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 local news/info Spanish estate agents Off Plan property Spain | costa blanca property sales properties for sale real estate costa blanca villas | costa del sol property sales properties for sale real estate costa del sol villas | costa de la luz property sales properties for sale real estate costa de la luz villas | costa brava property sales properties for sale real estate costa brava villas | costa almeria property sales properties for sale real estate costa almeria villas | costa calida property sales properties for sale real estate costa calida villas | costa valencia property sales properties for sale real estate costa valencia villas | costa azahar property sales properties for sale real estate costa azahar villas | costa dorada property sales properties for sale real estate costa dorada villas | costa garraf property sales properties for sale real estate costa garraf villas | costa maresme property sales properties for sale real estate costa maresme villas | costa vasca property sales properties for sale real estate costa vasca villas | costa verde property sales properties for sale real estate costa verde villas | costa da morte property sales properties for sale real estate costa da morte villas
 
© 2003-2016 Think Web Content, S.L. - All rights reserved