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Spanish Princess Suspected in Fraud Case

1st time modern Spain has seen royal suspect called to testify
By Matt Cantor,  Newser User
Posted Apr 3, 2013 10:44 AM CDT

(Newser) – For the first time since Spain re-adopted democracy in the 1970s, a member of its royal family has been summoned for testimony as a criminal suspect. Princess Cristina, King Juan Carlos' youngest daughter, is suspected in a case related to her husband's financial dealings. Iñaki Urdangarin allegedly moved public funds for a nonprofit group to his own for-profit firms, the Wall Street Journal reports. The princess was on the nonprofit's board. Her husband is also facing a tax evasion probe. His lawyer denies wrongdoing, and neither has been charged. (Read more Spain stories.)

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