Infanta Cristina 'will not appeal charges' and will attend court hearing in March
Monday, January 13, 2014 @ 11:40 AM
KING Juan Carlos and Queen Sofía's younger daughter, the Infanta Cristina, does not plan to appeal against charges she faces in the notorious Nóos Institute case in which her husband, Iñaki Urdangarín is on trial.
The Duchess of Palma owns 50 per cent of the company Aizoon – the other half owned by her spouse – and which the judge believes was a front for money-laundering and tax evasion.
It is said to be linked to the Nóos Institute, a firm set up as a non-profit-making organisation by Urdangarín and his business partner Diego Torres in order to benefit from public funding, but which was in fact a lucrative operation.
Her lawyers have stressed that the Infanta had nothing to do with the running of Aizoon and rarely attended directors' meetings, and that all actions she took in connection with the company were 'out of loyalty and love for her husband'.
Although the solicitors' firm Roca Junyent, representing the Duchess of Palma, say they 'totally disagree' with her being charged, they have decided not to exercise their right to appeal on her behalf and instead allow her to appear in court for questioning.
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