Spain's ex-king settles tax debt of nearly 4.4 mn euros: lawyer | The Guardian Nigeria News - Nigeria and World News

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Spain's scandal-hit former king Juan Carlos I, who now lives in exile, has settled a debt of nearly 4.4 million euros ($5.3 million) with the Spanish tax authorities, his lawyer said Friday.

In this file photo taken on December 6, 2018 Spain’s former King Juan Carlos attends commemorative acts marking the 40th anniversary of the Spanish Constitution at the parliament in Madrid. – Spain’s scandal-hit former king Juan Carlos I, who now lives in exile, has settled a debt of nearly 4.4 million euros with the Spanish tax authorities, his lawyer said on February 26, 2021.

The settlement — the second of its kind in less than three months — renews questions over his financial affairs and further dents the reputation of the Spanish monarchy. In December the 83-year-old former king, who has lived since August in self-imposed exile in the United Arab Emirates, settled a tax debt of nearly 680,000 euros following a voluntary declaration of previously undisclosed income.It investigated whether the scandal-hit former king used credit cards linked to accounts not registered in his name — which could constitute a possible money-laundering offence.

Juan Carlos has not been charged with any crime, and his lawyers have said he would return to Spain if required for legal reasons.

 

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