Corruption scandal with Spain involving former Mexican President

"Business Opportunities in Mexico"

Corruption scandal with Spain involving former Mexican PresidentThe King of Spain and Felipe Calderón. SanDiegoRed Services
The King of Spain and Felipe Calderón. SanDiegoRed Services

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Iñaki Urdangarin, son-in-law of the king of Spain, used the "very good relations" that the Royal House had with former President of Mexico Felipe Calderon to find businesses in Mexico, according to the attorney of his former partner, Diego Torres.

Both Urdangarin and Torres are accused in a corruption case, in which the lawyer for Torres, Manuel Gonzalez Peeters, stated in a letter to the judge that the king's son was offered in early 2008 to do business with Spanish businessman Eugenio Calabuig at an international level. And in March of that same year there was a document sent to him entitled "Business Opportunities in Mexico".

In the document "Report of results from the first negotiations by Don Inaki Urdangarin" that Torres's attorney handed to the judge, the husband of the Infanta Cristina points out that the gateway to doing business in the country was through the Mexican President, Felipe Calderon, "with whom the royal family has very good relations since his visit to Spain last year."

The report highlights business projects of interest with public water, tourist developments and wind energy.

Torres's lawyer also attached a piece of information along with a photo that was taken from the Spanish Royal Family website, of a luncheon that was hosted by King with the presence of President Calderon and his wife on June 11, 2008, and the Dukes of Palma.

Torres concludes in his statement, "this sure is not a coincidence, or is it?”

The court of Palma is also investigating the alleged deviation of public funds to the Noos Institute, which was under the management of Urdangarin. There are also several investigations about various business operations with the financial investment representative of Aguas de Valencia, Eugenio Calabuig, in Eastern European countries, Jordan and Arab countries.

In the alleged corruption case, there are ongoing investigations of the deviation of funds from the regional government of the Balearic Islands and Valencia, and also towards the Valencia Noos Institute between 2004 and 2007.

Editorial@sandiegored.com

Omar.Martinez@sandiegored.com

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