Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Former King Juan Carlos. Esteban Felix/AP

Spain's former king Juan Carlos goes into exile amid financial scandal

His lawyer stated that although he would be leaving Spain, he intends to cooperate with the investigation.

SPAIN’S FORMER KING Juan Carlos has said he is leaving Spain to live in another country amid a financial scandal.

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

Juan Carlos, in the letter, says he made the decision against the backdrop of “public repercussions of certain episodes of my past private life”.

He says he wants to ensure he does not make his son’s role difficult, adding “my legacy and my own dignity, demand that it should be so”.

He did not say which country he will be moving to.

Juan Carlos’s lawyer, Javier Sanchez-Junco Mans, said in an emailed statement that the former king had asked him to make clear that even though he will be outside Spain he intends to be available to cooperate with the investigation.

Spain’s prime minister recently said he found the developments about Juan Carlos – including investigations in Spain and Switzerland – “disturbing”.

Since Spain’s Supreme Court opened its probe earlier this year, Spanish media outlets have published testimony from a separate Swiss investigation into millions of euros that were allegedly given to Juan Carlos by Saudi Arabia’s late King Abdullah.

Juan Carlos allegedly then transferred a large amount to a former companion in what investigators are considering as a possible attempt to hide the money from authorities.

The 82-year-old former king is credited with helping Spain peacefully restore democracy after the death of dictator Francisco Franco in 1975.

school-contest-what-is-a-king-to-you King Felipe VI speaks to the winners of the school contest 'What is a King to you?' R4969 Juan Carlos Rojas R4969 Juan Carlos Rojas

But marred by scandals in the later years of his reign, Juan Carlos in 2014 abdicated in favour of his son Felipe VI, losing the inviolability protection Spain’s Constitution grants to the head of state.

After media reports claimed Felipe was a beneficiary of an offshore account holding an alleged €65 million gift from Saudi Arabia to Juan Carlos, Felipe renounced any future personal inheritance he might receive from the former king.

Felipe also stripped his father of his annual stipend of €194,232.

The royal house has denied that Felipe had any knowledge of his father’s alleged financial irregularities.

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

View 35 comments
Close
35 Comments
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel

     
    JournalTv
    News in 60 seconds