The former King of Spain leaves the country over alleged corruption

Spain's former king Juan Carlos leaves country amid corruption ...


Spain's former monarch King Juan Carlos has left the country amid accusations he had a £58.5 million stashed in an offshore account. 

The Spain authorities opened an investigation involving Juan Carlos in a high speed rail in Saudi Arabia. The money was alleged to be given to Juan Carlos by the former king of Saudi Arabia King Abdullah. His destination is unknown but he said he would be available if prosecutors needed to interview him.

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

  Spain's scandal-hit former king Juan Carlos to go into exile ...

The report against the former King of Spain alleged that he transferred a large sum of money to a friend in what investigators consider as an attempt to hide the money from authorities.

After the report was published King Felipe VI renounced inheritance from his father and he also stripped his father his annual stipend of £175,000.

Juan Carlos was born in Italy. He reigned for 39 years and in 2014 he abdicated the throne for his son King Felipe VI. The royal house has denied the current king was privy to the alleged corrupt practices against his father. Zarzuela palace said that King Felipe VI had conveyed "his heartfelt respect and gratitude" to his father for this decision.







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