Spain's Former King Juan Carlos To Leave Spain Amid $100 Million Corruption Scandal - EazyFeeds

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Monday, 3 August 2020

Spain's Former King Juan Carlos To Leave Spain Amid $100 Million Corruption Scandal

Spain’s former monarch, King Juan Carlos I, has announced he is leaving Spain to live in another country amid $100 million corruption scandal. 

 

The royal family’s website on Monday published a letter from Juan Carlos to his son, King Felipe VI, saying “I am informing you of my considered decision to move, during this period, out of Spain.”

 

In June, Spain’s Supreme Court opened an investigation into Juan Carlos’ involvement with a high-speed rail contract in Saudi Arabia after Switzerland’s La Tribune de Geneve newspaper reported he had received $100 million from the late Saudi King, King Abdullah.

 

Juan Carlos allegedly then transferred a large amount to a former companion in what investigators are considering as a possible attempt to hide the money from authorities.

 

Juan Carlos has reportedly refused to comment on the allegations.

 

Spain’s prime minister, Pedro Sánchez recently described the investigations against Juan Carlos in Spain and Switzerland “disturbing.”

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