Spain's Ex-King Juan Carlos Investigated for Alleged Corruption Six Years After His Abdication

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Ex-King Juan Carlos is being investigated over claims he received kickbacks totaling $100 million from an $8.5 billion Spanish rail project in Saudi Arabia

King Emeritus Juan Carlos I of Spain — who abdicated from the Spanish throne six years ago — is being investigated for alleged corruption by the country's Supreme Court.

The probe into the 82-year-old former monarch was announced Monday by Spain’s Public Prosecutor’s Office and will delve into claims that the former king received kickbacks of up to $100 million for his role in an $8.5 billion Saudi rail contract awarded to a consortium of Spanish firms in 2011.You'll get the latest updates on this topic in your browser notifications.

“This investigation focuses, precisely, on delimiting or ruling out the criminal relevance of the events,” reads a statement from the prosecutor's office in Madrid. It adds that an investigative team led by financial specialist Juan Ignacio Campos will specifically look at whether the former monarch was involved in criminal activity after his abdication in 2014 and was therefore not covered by the immunity granted to the country's Head of State."It is necessary to carry out new proceedings that directly affect the King Emeritus,” adds the prosecutor's statement.

 

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