Spain's monarchy shaken by Juan Carlos's hidden Swiss fortune
A series of health problems and persistent rumours regarding his personal life led to the decision to abdicate in favour of King Felipe in June 2014. But the worst was yet to come for the newly titled"emeritus king".In 2018, online newspaper El Español published a series of articles based on taped conversations between Ms zu Sayn-Wittgenstein and José Villarejo, a former police investigator currently in jail.
The tapes led directly to the opening of investigations in Geneva and at Spain's National Court. The Spanish inquiry has since been taken up by the Supreme Court as it is the only judicial institution permitted to probe the former king.While the wheels of justice turn slowly and may never lead to Juan Carlos being placed in the dock, the media floodgates have opened regarding the former monarch's lavish lifestyle.
Regarding the Spanish Supreme Court inquiry, most experts believe the former king will avoid charges as most of the possible offences took place before his abdication. Three days after the announcement that he was renouncing his father's wealth, King Felipe spoke on television to address Spaniards under lockdown due to the Covid-19 pandemic, making no mention of the scandals, as a noisy minority of citizens banged pots on balconies in protest at the royal family's behaviour.Over recent weeks, the Royal Household has refused to comment on any of the revelations concerning what it now refers to as Juan Carlos's"private life".
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