TIMES.KY

Cayman Islands, Caribbeanand International News
Friday, Mar 24, 2023

Spain's Exiled Ex-King Returns Home After Two Years, Attracts Backlash

Spain's Exiled Ex-King Returns Home After Two Years, Attracts Backlash

Although prosecutors closed their probes into Juan Carlos I's affairs in March, revelations about the murky origins of his fortune have done irreparable damage to his reputation.

Spain's former king made his first trip home on Thursday after nearly two years in exile following a string of financial scandals, sparking widespread criticism.

Although prosecutors closed their probes into Juan Carlos I's affairs in March, revelations about the murky origins of his fortune have done irreparable damage to a figure once revered for his role in Spain's transition to democracy following decades of dictatorship.

"What we've heard in recent years has been very worrying for everyone regarding the institution of the head of state," Economy Minister and Deputy Prime Minister Nadia Calvino told Cadena Ser radio.

"There's no doubt we need some explanations."

The 84-year-old former monarch arrived on Thursday evening by private jet in Vigo in northwestern Spain ahead of a three-day regatta in the nearby resort of Sanxenxo, according to an AFP reporter at the scene.

His yacht, the "Bribon" -- Spanish for "rascal" -- is participating, and is the same vessel with which he and his crew won the world sailing title in 2017.

He was greeted at Vigo airport by his eldest child, Princesa Elena, who embraced him, before boarding a car which would take him to Sanxenxo.

On Monday, he travels to Madrid to visit his wife Sofia, his son King Felipe VI and other family members before leaving the same day for Abu Dhabi "where he has established his permanent residence", the palace said late Wednesday.

He has been living there since going into self-imposed exile in August 2020.

The visit reflects the former king's "desire to regularly visit his family and friends in Spain", it said, indicating such gatherings would be conducted "in a private setting".

Government Opposes Palace Sleepover

According to Spanish media, Prime Minister Pedro Sanchez's government strongly opposed any suggestion he be allowed to stay overnight at the royal residence, Zarzuela Palace.

The hard-line left-wing Podemos, Sanchez's junior coalition partner, expressed outrage over his visit.

"Anyone returning to our country with a record like that of king Juan Carlos I would be arrested as soon as they crossed the border and prosecuted," it tweeted.

After nearly 40 years on the throne, it was scandal that prompted Juan Carlos's fall from grace, forcing him first to abdicate in 2014 and then to flee to the United Arab Emirates, dogged by allegations of financial corruption.

In announcing his departure in 2020, the former monarch said he was leaving due to "the public repercussions that certain past events in my private life are generating", expressing hope Felipe could carry out his royal duties with the necessary "tranquillity and calm".

Some 18 months later, Spanish prosecutors shelved their investigations into his finances, concluding they did "not allow for any criminal action to be brought" against him.

They cited various reasons, including a "lack of incriminating evidence, the statute of limitations, the inviolability of the head of state and tax regularisation" payments he made in recent years.

Although they confirmed identifying "sums defrauded from the Treasury" between 2008 and 2012, they said the tax authorities had managed to recover more than five million euros, "an amount corresponding to the tax dues owed".

Since leaving, Juan Carlos has twice settled tax debts on undeclared income for over five million euros in what was widely seen as a bid to avoid being charged with a crime.

Legally Fine, Ethically Questionable

"There is no longer any legal or judicial reason to stop the king emeritus from travelling to Spain but there are a wealth of ethical grounds that explain the commotion this has caused," an El Pais editorial said Thursday.

In a bid to try and restore the image of the monarchy, Felipe VI -- who took over as king in 2014 -- has sought to distance himself from his scandal-hit father.

In March 2020, Felipe ended his father's annual palace allowance, worth a reported 200,000 euros ($210,000), and renounced his own claim on what he would have inherited from the king emeritus.

Last month, he took steps with the government to increase the transparency of the monarchy with the publication of a decree requiring the palace publish its budget and make tenders public.

It also means the royal accounts will be audited, that senior palace officials must declare their personal wealth on taking up and leaving a post, and that gifts given to royals will be catalogued.

Newsletter

Related Articles

TIMES.KY
Close
0:00
0:00
Powell: Silicon Valley Bank was an 'outlier'
Donald Trump arrested – Twitter goes wild with doctored pictures
NYPD is setting up barricades outside Manhattan Criminal Court ahead of Trump arrest.
Credit Suisse's Scandalous History Resulted in an Obvious Collapse - It's time for regulators who fail to do their job to be held accountable and serve as an example by being behind bars.
Home Secretary Suella Braverman tours potential migrant housing in Rwanda as asylum deal remains mired in legal challenges
Paris Rioting vs Macron anti democratic law
'Sexual Fantasy' Assignment At US School Outrages Parents
Credit Suisse to borrow $54 billion from Swiss central bank
Russian Hackers Preparing New Cyber Assault Against Ukraine
Jeremy Hunt insists his Budget will get young parents and over-50s back into work
If this was in Tehran, Moscow or Hong Kong
TRUMP: "Standing before you today, I am the only candidate who can make this promise: I will prevent World War III."
Mexican President Claims Mexico is Safer than the U.S.
A brief banking situation report
Lady bites police officer and gets instantly reaction
We are witnessing widespread bank fails and the president just gave a 5 min speech then walked off camera.
Donald Trump's asked by Tucker Carlson question on if the U.S. should support regime change in Russia?.
Silicon Valley Bank exec was Lehman Brothers CFO
In a potential last-ditch effort, HSBC is considering a rescue deal to save Silicon Valley Bank UK from insolvency
BBC Director General, Tim Davie, has apologized, but not resigned, yet, following the disruption of sports programmes over the weekend
Elon Musk Is Planning To Build A Town In Texas For His Employees
The Silicon Valley Bank’s collapse effect is spreading around the world, affecting startup companies across the globe
City officials in Berlin announced on Thursday that all swimmers at public pools will soon be allowed to swim topless
Fitness scam
Market Chaos as USDC Loses Peg to USD after $3.3 Billion Reserves Held by Silicon Valley Bank Closed.
Senator Tom Cotton: If the Mexican Government Won’t Stop Cartels from Killing Americans, Then U.S. Government Should
Banking regulators close SVB, the largest bank failure since the financial crisis
The unelected UK Prime Minister Rishi Sunak, an immigrant himself, defends new controversial crackdown on illegal migration
Man’s penis amputated by mistake after he’s wrongly diagnosed with a tumour
In a major snub to Downing Street's Silicon Valley dreams, UK chip giant Arm has dealt a serious blow to the government's economic strategy by opting for a US listing
It's the question on everyone's lips: could a four-day workweek be the future of employment?
Is Gold the Ultimate Safe Haven Asset in Times of Uncertainty?
Spain officials quit over trains that were too wide for tunnels...
Don Lemon, a CNN anchor, has provided a list of five areas that he believes the black community needs to address.
Hello. Here is our news digest from London.
Corruption and Influence Buying Uncovered in International Mainstream Media: Investigation Reveals Growing Disinformation Mercenaries
Givenchy Store in New York Robbed of $50,000 in Merchandise
European MP Clare Daly condemns US attack on Nord Stream
Former U.S. President Carter will spend his remaining time at home and receive hospice care instead of medication
Tucker Carlson called Trump a 'demonic force'
US Joins 15 NATO Nations in Largest Space Data Collection Initiative in History
White House: No ETs over the United States
U.S. Jet Shoots Down Flying Object Over Canada
Being a Tiktoker might be expensive…
SpaceX, the private space exploration company, made a significant breakthrough in their mission to reach space.
China's top tech firms, including Alibaba, Tencent, Baidu, NetEase, and JD.com, are developing their own versions of Open AI's AI-powered chatbot, ChatGPT
This shocking picture, showing how terrible is the results of the earthquake in Turkey
President Joe Biden delivered the 2023 State of the Union Address , in order to help Americans that missed the 2022 speech, do not have internet, and suffer from short memory.
The desk of King Carlos Alberto of Sardinia has many secret compartments
Today's news from Britain - 9th February 2023
×