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“It disturbs all of us, and me, too,” Sanchez mentioned on nationwide TV this month.

Spanish media now report virtually every day on the alleged monetary dealings of former King Juan Carlos I, even earlier than he abdicated in 2014, and on the efforts of his son, King Felipe VI, Spain’s present head of state, to distance himself from his father.

“The judicial system is at work,” Sanchez mentioned. “And the Royal Household is keeping a distance in the face of these disturbing reports.”

In March, simply as Spain went into lockdown, King Felipe renounced any private inheritance from his father and stopped the annual public stipend paid to the previous king.

The royal family, in a press release, mentioned its transfer was prompted by varied information reviews on the time. These information reviews claimed King Felipe would possibly inherit massive sums from two offshore foundations allegedly linked to his father.

Analysts instructed CNN there’s now unprecedented stress on Spain’s monarchy, which King Felipe vowed to make extra clear when he took over six years in the past.

Felipe and Juan Carlos attend a ceremony at Zarzuela Palace prior to Felipe's official coronation ceremony on June 19, 2014. Juan Carlos abdicated on June 2 after a 39-year reign.

“The monarchy is being questioned. It’s not the former king. That’s the deeper problem,” Javier Perez Royo, an emeritus professor of constitutional regulation on the University of Seville, instructed CNN.

Royo mentioned he expects additional efforts “to put a firewall between King Felipe VI and his father.”

Juan Carlos abdicated below a cloud of monetary scandal and his much-criticized elephant-hunting journey to Botswana throughout Spain’s monetary disaster in 2012.

But his abdication did not cease investigations.

Swiss prosecutors are analyzing paperwork that allege Juan Carlos might have obtained $100 million from Saudi Arabia’s king in 2008, a senior Spanish official with data of the proceedings instructed CNN.

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The prosecutors are specializing in individuals purportedly linked to Juan Carlos who might have acted as proxies for financial institution accounts, the Spanish official mentioned.

The official mentioned the speculation is that the cash might have been associated to a contract for a Spanish consortium’s building of a high-speed prepare between Medina and Mecca in Saudi Arabia.

In 2012, in accordance with allegations within the paperwork in Switzerland, King Juan Carlos gave €65 million to his then companion, Corinna zu Sayn-Wittgenstein, the Spanish official mentioned.

Zu Sayn-Wittgenstein has testified twice earlier than Swiss prosecutors and “no formal charges have been brought against her,” her lawyer, Robin Rathmell instructed CNN.

“She’s been the victim of a campaign of harassment headed by the King Emeritus [Juan Carlos] for eight years,” Rathmell mentioned, including it has harm her popularity and enterprise. She plans to sue in English courts to cease it, he mentioned.

From left to right: then-Crown Prince Felipe, Spain's then-Queen Sofia, Saudi Arabia's then-King Abdullah, then-King Juan Carlos and then-Princess Letizia pose before a dinner in Madrid in July 2008.

The lawyer normal’s workplace for the canton of Geneva declined to touch upon the Swiss investigation, however the Spanish official instructed CNN that prosecutors at Spain’s Supreme Court had obtained data from Switzerland.

The lawyer normal’s workplace in Spain mentioned in a press release on June eight that the Supreme Court investigation was certainly centered on the high-speed rail venture in Saudi Arabia — and that Juan Carlos’ identify had come up within the case.

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Prosecutors “will try to define or discard the criminal relevance of events that occurred after June 2014,” when Juan Carlos abdicated, the assertion mentioned. Juan Carlos had constitutional immunity from prosecution whereas king.

The former king’s lawyer, Javier Sanchez-Junco, instructed CNN, “There are no formal charges against King Juan Carlos in Spanish or in foreign courts at this time.” He declined additional remark.

CNN contacted the embassies of Saudi Arabia in London and Madrid relating to the alleged 2008 transfer from the Saudi king to Juan Carlos, however obtained no speedy reply.

Juan Carlos, who’s now 82, is extensively credited with serving to to information Spain to democracy after the lengthy dictatorship of Francisco Franco. But in recent times, his picture has suffered. Last yr, on the fifth anniversary of his abdication, he introduced he was stepping down from public life.

Spanish media have reported that King Felipe could also be planning to place additional distance between himself and his father — by asking him to depart his residence on the Zarzuela Palace grounds west of Madrid.

The facade of Zarzuela Palace, seen in February 2019.
Reuters quoted an unnamed authorities supply who mentioned the matter of distance have to be determined by the royal family, including that Juan Carlos leaving Zarzuela Palace “may be an option.”

“The King [Felipe], if he has to make another decision, he will,” a palace spokesman instructed CNN. “The rest is speculation.”

There’s additionally been speak of a constitutional reform to strip immunity from the king. Yet that is unlikely, three analysts instructed CNN, as a result of Spain’s political events are deeply divided.

King Felipe, 52, seems to be working laborious to carve out his personal picture amongst Spaniards. He and Queen Letizia are almost completed with a tour of all 17 of Spain’s areas, to thank individuals for his or her efforts in the course of the coronavirus pandemic.

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