Ex-king Juan Carlos had his fingers in the till !!!

Seems Juan Carlos was receiving lots of money and squirreled it away in off-shore and Swiss bank accounts. This has now been discovered and he doesn't like the unwelcomed publicity.


Spain’s former king leaving country amid financial scandal

PA
Aug 3rd 2020 4:53PM
Former king Juan Carlos has said he is leaving Spain to live in another country amid a financial scandal.

The royal family's website on Monday 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.

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-euro 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 euros.

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

 

The truth is that I don't understand the motivation he could have had to act in such a way, he was the King of Spain, he had an excellent monthly salary, travels at the expense of the state budget, official cars, he lived in a palace, he was very loved by all of Spain, because he was always an excellent King who was very close to the people and would have gone down in history always thanking him for his performance in Spain, After a dictatorship, we had the current democracy, because on February 23, 1981 there was an attempt to establish the dictatorship again and he, as King and maximum command of the armed forces, ordered all the soldiers and tanks that went out to the streets to return to their barracks immediately and he took a very clear position in favor and in defense of democracy. He could have enjoyed a free old age because he continued to receive an impressive monthly payment. He could have travelled throughout his old age, being received with honours wherever he went. He could have been the father of democracy in Spain. Now he is just a person who accepted money on the sly and never declared it or paid taxes. At the moment he has three legal cases open and it is not ruled out that there will be more. He had everything and I do not understand why he has acted in such an inappropriate way for his position.

 

He's an arisocrat - 'nuff said ??? - they think they're entitled to do whatever they choose. The French and then the Russians had the right idea about their aristocracy !!!