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Spain's scandal-hit former king Juan Carlos to go into exile
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| Contributor | IndyGeorgia |
| Last Edited | IndyGeorgia Aug 03, 2020 04:53pm |
| Category | News |
| News Date | Aug 03, 2020 01:10pm |
| Description | Spain’s former king Juan Carlos is to leave the country and go into exile abroad following a series of damaging allegations about his financial arrangements that have harmed the reputation of the monarchy and embarrassed his son, King Felipe.
In March Felipe stripped Juan Carlos of his annual stipend and renounced his own personal inheritance from his father after reports that he was in line to receive millions of euros from a secret offshore fund with ties to Saudi Arabia.
Three months later, Spain’s supreme court launched an investigation into the former king’s role in a deal in which a Spanish consortium landed a €6.7bn (£5.9bn) contract to build a high-speed rail line between the Saudi cities of Medina and Mecca.
On Monday afternoon the royal house published a letter sent by Juan Carlos to his son saying he would “move away from Spain” in the wake of the “public repercussions that certain past events in my private life are causing”.
The 82-year-old king emeritus, as he is now known in Spain, said he had taken the decision to leave the royal palace and the country to help Felipe “exercise his responsibilities” as king. |
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