Saturday, February 25, 2012

MALLORCA TODAY - The Duke of Palma's day in court

Rarely has any event in Mallorca attracted as much interest as today's appearance by the Duke of Palma (Iñaki Urdangarin) at the court in Palma to face questioning over the so-called "caso Nóos". Speculation has been rife as to how the Duke will arrive at court - on foot or by car; various protest groups will be out in force, such as the Maulets (independence radicals); police will also be out in force, extra officers having been drafted in from Valencia, along with the media.

The Duke faces charges of fraud and tax evasion, his marketing organisation the Instituto Nóos being at the centre of the charges which relate, among other things, to invoices for work that allegedly was not performed but for which government agencies paid substantial amounts of public money during the last presidency of Jaume Matas; the "caso Nóos" has, in effect, become a part of the ongoing "caso Palma Arena" investigations and trials of the former president for embezzlement and fraud.

The case has embroiled the royal family, as the Duke is married to the King's daughter, Princess Cristina. Her involvement with the case, though she has yet to be indicted and may not be, is largely to do with a real-estate firm she ran with the Duke and alleged diversion of money to this firm.

Update: So, the Duke entered on foot after all, though his car had some eggs thrown at it. 500 demonstrators protested against corruption and the monarchy. The Duke said he was seeking the truth and to defend his honour. He has admitted to the judge that the King ordered him to disassociate himself from the Instituto Nóos back in 2006.

Update: Prior to a break for lunch at 14:00, the Duke was asked mainly about the various companies that are cited in the case and with which he had associations.
The Duke has said that he did not take decisions where these companies were concerned but that the management was left to his former business partner Diego Torres and that involvement he had was confined to matters to do with sport.

Update: The Duke has said that he did meet with Jaume Matas and the former director of sport for the Balearics, "Pepote" Ballester at the Marivent palace where they discussed governmental financial support for a cycling team run by the bank Banesto and for which his company could act in marketing. It seemed a good idea to the Duke who claims that arrangements were left in the hands of Diego Torres.

Update: The Duke has declared that money from Nóos went to Belize for a foundation for sick children. The judge has indicated that he wants to finish the interrogation of the Duke today, which could mean the court session lasting to almost midnight.

Update: Showing how complex the affairs of the Duke were, questions have arisen regarding a settlement of 300,000 euros through one of the Duke's companies Global Corporate, itself linked to the Belize foundation. Global Corporate has two subsidiaries in the USA in addition to a Spanish base.

Update: Judge Castro has called a halt to proceedings at just after 20:00. Everyone will be back tomorrow at 09:30. Cue more demos no doubt.

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