Spain: Princess Cristina's husband testifies in fraud case

MADRID -- The husband of Spain's Princess Cristina testified Friday that he wasn't aware of questionable billing by a company he co-owned with her and denied demanding a 300,000 euros ($329,000) commission to help the regional Balearic Islands government land a cycling team sponsorship deal.

See Full Article

Inaki Urdangarin, a former Olympics handball star turned entrepreneur, is accused of using his former title of Duke of Palma to embezzle about 6 million euros ($6.6 million) in public funds for sporting events through the non-profit Noos Institute he ran with a business partner.

Questioned for two hours by a prosecutor during the fraud trial for the couple and 16 others, Urdangarin repeatedly said he knew nothing about bills paid by Noos to companies, including his Aizoon real estate firm labeled a "front company" in court documents.

He also denied knowing how Aizoon received money that Valencia's regional government paid for a sports conference.

"How is it possible that of the 900,000 euros charged for the Valencia Summit more than 400,000 ended up with the company that you own?" asked prosecutor Pedro Horrach.

Urdangarin responded, "I don't know, because I wasn't the manager."

He firmly denied earlier testimony by former Balearic Islands regional leader Jaume Matas, who said he approved the 2003 commission deal as a "toll" for Urdangarin's influence in winning the sponsorship with Banesto, then one of the world's best cycling teams.

Urdangarin is expected to take the stand again Wednesday. He faces a maximum jail sentence of 19 years.

Cristina, the sister of King Felipe VI, is charged with two counts of tax fraud and faces a possible eight-year sentence.

She is scheduled to testify after her husband and is the first Spanish royal facing criminal charges since the monarchy's restoration in 1975.


Latest Canada & World News

  • Driver and owner of train in Lac-Megantic disaster added to class action lawsuit

    Canada News CTV News
    MONTREAL -- A Quebec Superior Court judge is allowing changes to the class action lawsuit in the 2013 Lac-Megantic disaster. Justice Martin Bureau ruled Monday the conductor as well as the owner of the runaway train that exploded and killed 47 people have been added as respondents. Source
  • Eight puppies discovered in garbage bag in Ontario: SPCA

    Canada News CTV News
    The Ontario SPCA is urging anyone with information concerning the discovery of eight puppies in a garbage bag in Midland, Ont. to come forward. According to a press release by the Ontario SPCA, a local resident discovered the puppies inside the bag in a ditch on Baseline Road South while they were outside doing yard work on Oct. Source
  • Tip from psychiatric hospital led to probe into alleged nursing home murders: source

    Canada News CTV News
    TORONTO -- The Canadian Press has learned that the investigation into the alleged murders of eight long-term care home residents was launched after police received a tip from a psychiatric hospital in Toronto. A police source familiar with the investigation says officials from the Centre for Addiction and Mental Health alerted the Toronto police that Elizabeth Wettlaufer, a nurse from Woodstock, Ont. Source
  • Earthquake rattles central Italy, including Rome

    World News CTV News
    ROME -- An earthquake with a preliminary magnitude of 5.4 rattled a broad swath of central Italy, including Rome, on Wednesday, just two months after a powerful temblor toppled villages, killing nearly 300 people. There were no immediate reports of damage. Source
  • Mom found overdosed in car with baby in back seat: police

    World News CTV News
    HOPE, Ind. -- Police in Indiana say a 25-year-old woman has been found passed out from an overdose with her baby in the back seat of the car. Police in Hope, Indiana, have released a picture of Erika Hurt as they found her on Saturday afternoon. Source
  • General: Extremists plotting attacks on West from Raqqa

    World News CTV News
    WASHINGTON -- U.S. intelligence has detected signs of Islamic State plotting against the West from their Syrian stronghold at Raqqa, adding urgency to coalition plans to encircle and eventually assault the city, a senior American general said Wednesday. Source
  • OPP to text potential murder witnesses after carriers ordered to release numbers

    Canada News CTV News
    The Ontario Provincial Police will be texting cellphone users who were in the vicinity of a murder victim last December, hoping someone can offer information to help solve the crime. But one criminal lawyer says the police may be on shaky legal ground if the text canvass produces any evidence. Source
  • Canada ranks 35th on World Economic Forum gender gap list

    Canada News CBC News
    Canada has come 35th — sandwiched between Luxembourg and Cape Verde — in the latest World Economic Forum annual report on gender-based disparities around the world. Iceland, Finland, Norway and Sweden are the top four countries on the WEF's Global Gender Gap index, which measures differences between men and women in economics, education, health and political empowerment among 144 countries. Source
  • Four Quebec men charged in alleged ATM fraud scheme in Vermont

    Canada News CTV News
    BURLINGTON, Vt. -- The Vermont U.S. Attorney's Office says four Quebec men have been arrested and charged in an alleged fraud scheme involving ATMs in the Burlington area. The suspects, who are residents of Montreal and Laval, were charged Tuesday with conspiracy to use access devices fraudulently resulting in the receipt of more than $1,000 in cash. Source
  • Inquest called into death of man shot by police following chase, standoff

    Canada News CTV News
    WINNIPEG -- An inquest has been called into the death of a man shot by Winnipeg police last November. Mark Dicesare, who was 24, was killed after a police chase and standoff with officers. Source