Friday, July 24, 2020

Mighty Reputation Destroyed By Greed?

Spain's monarchy shaken by Juan Carlos's hidden Swiss fortune.

By James BadcockMadrid

Spain's former King Juan Carlos at a weddingImage copyrightGETTY IMAGESImage captionKing Juan Carlos is under investigation in Spain and Switzerland
A former lover's taped conversations, murky financial dealings splashed across front pages, and a legacy in ruins.
The emergence of shocking allegations of corruption and money laundering against former Spanish King Juan Carlos have cast doubt over the very future of the monarchy, under his son King Felipe.
Juan Carlos seemed set to go down in history as the leader who skilfully guided Spain from dictatorship to democracy after the death of Gen Francisco Franco in 1975, but the 82 year-old's private financial activities have prompted two court inquiries in Switzerland and Spain. BBC.
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