The former king of Spain faces a new money laundering case

The former king of Spain faces a new money laundering case 

On Friday, the Spanish public prosecutor announced the opening of a third investigation into a case of financial corruption related to former King Juan Carlos I.

Prosecutor Dolores Delgado's announcement came two days after the Supreme Court confirmed that the Anti-Corruption Agency was investigating the use of credit cards for the former king.

Delgado's office said that a third investigation into the former king had been opened as a result of a report issued by the Spanish anti-money laundering agency "Ciblac".

The case will be heard by the Supreme Court as the only legal authority empowered to investigate a former king in the country.

This investigation is the latest in a series of investigations into the financial affairs of the 82-year-old king, who left three months ago for his self-imposed exile in the Emirates.

Judicial sources confirmed Wednesday that the Public Prosecution Office has been investigating for months whether Juan Carlos used credit cards linked to accounts not registered in his name, which could constitute a money laundering crime.

Legal sources said they are investigating the source of the money in several Spanish bank accounts belonging to a Mexican company, an Air Force official, and whether it was used by the former king.

Prosecutors also sent requests to countries abroad to see if money in these accounts had been hidden from Spanish tax authorities, without specifying the countries involved.

The first investigation with Juan Carlos was opened two years ago and related to a high-speed rail rail contract that was won by a Spanish consortium in 2011, with the aim of revealing whether the king at the time received a commission on this contract.

Source: Al Jazeera

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