Spain judge sets massive bail for king's relative

Europe January 30, 2013

Spain judge sets massive bail for king's relative

MADRID (AP) — A Spanish judge has set bail at €8.2 million ($11.1 million) for the king's son-in-law and his former business partner before their possible trial in a corruption case which has been troubling the monarchy for years.

Inaki Urdangarin hasn't been charged with a crime, but is a suspect in a case in which he and his partner allegedly funneled about €5 million in public funds to companies they controlled. The Palma de Mallorca court on Wednesday gave them five days to pay. They are free to agree between themselves on how to divide the total amount.

Urdangarin, who is married to Princess Cristina, could have properties embargoed if he fails to provide the bail but wouldn't go to prison.

Subjects
People
- Infanta Cristina, Duchess of Palma de Mallorca
Locations
- Spain,
- Western Europe,
- Europe

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