Span’s Princess Cristina investigated for tax fraud

PALMA DE MAJORCA, Spain — Spain’s Princess Cristina has been placed under investigation for tax fraud and money laundering.

Judge Jose Castro said Friday he had requested information from the tax authorities after a higher court overturned his decision to name the daughter of King Juan Carlos a suspect in a corruption case involving her husband, Inaki Urdangarin.

There was no evidence of the 47-year-old princess having participated in the daily business activities of Urdangarin, the court said in explaining its decision.

The former Olympic handball player is under investigation on charges of embezzling millions of euros in public money through a charity he headed.

Judge Castro, however, suspects that the princess may have participated in tax evasion as a co-owner of Aizoon, one of the companies that Urdangarin allegedly used to divert money.

The judge is to examine 10 income statements by Cristina, although tax authorities have found no evidence that the princess might have done something illegal, according to media reports.

Cristina, 47, is the second of King Juan Carlos and Queen Sofia’s three children and the seventh in line to the throne. The Urdangarin case has dealt a huge blow to the Spanish monarchy, which has been rocked by several scandals.