Spain’s former King Juan Carlos I has paid back his second tax bill after fleeing to the United Arab Emirates following his 2014 abdication in favor of his son Felipe VI amid fear of prosecution over a corruption scandal.
The payment of €4.4 million ($4.9 million) was confirmed by the former king’s lawyer on Friday, marking the second time in recent months that Juan Carlos has handed over money as part of a voluntary settlement to authorities. The latest figure was related to travel costs and expenses that were covered by a foundation of which he was a beneficiary.
Back in December, Juan Carlos agreed to make a payment of more than €678,000 to tax officials over allegations of illegal credit card transactions to avoid a criminal investigation being opened into his actions and potentially allowing him to return to Spain without concerns about being arrested.
Juan Carlos has been living in the United Arab Emirates following his decision to flee Spain in August 2020 after authorities linked him to an investigation into allegations of corruption during his reign. Although, he has claimed he would be willing to cooperate with prosecutors if asked.
The investigation has focused on the awarding of a high-speed rail contract in Saudi Arabia, which saw Spanish companies secure a €6.7 billion ($8.12 billion) deal. Anti-corruption investigators have suggested that they believe Carlos might have kept some funds hidden in Switzerland from the agreement.
Spain’s Deputy Prime Minister Carmen Calvo said that the government was not able to speak about any specific cases related to citizens. However, he stated that “no one is allowed to break the law,” in remarks that were seen as targeted at the former monarch.
Juan Carlos has refused to comment on the allegations of corruption, as well as agreements with tax authorities, choosing only to confirm the settlements that have been paid through his lawyer.
King Felipe VI, who replaced his father in 2014, has also declined to comment on the ongoing reports of investigation and the recent developments related to Juan Carlos.
Like this story? Share it with a friend!
Spain’s former King Juan Carlos I has paid back his second tax bill after fleeing to the United Arab Emirates following his 2014 abdication in favor of his son Felipe VI amid fear of prosecution over a corruption scandal. Read Full Article at RT.com Read More
The Federal Reserve not only runs US monetary policy with its interest rate manipulations and its quantitative easing program; it also “regulates” financial institutions. That’s why the fact that several Fed members made multiple multimillion-dollar stock trades in 2020 even as the central bank was putting its big fat thumb on the economic scales is more than […]
How did Germany manage to exist for more than 70 years without a queer commissioner? Many may be forgiven for not having pondered this question, especially during a pandemic which has decimated the civil rights of a third of the population. Sven Lehmann, Member of the Green Party, has announced that he wants to make […]
Written on February 17, 2023. Update as of April 6, 9:30 AM ET: The Philippines has recently announced the additional four new EDCA sites which are as follows: Naval Base Camilo Osias in Santa Ana, Cagayan; Camp Melchor Dela Cruz in Gamu, Isabela; Balabac Island in Palawan; and Lal-lo Airport in Cagayan. The geographic locations of the sites […]
