ROYAL TRANSPARENCY

King’s accounts to be published under new law

Palace agrees to detail every cent of spending on royal website

For the first time in history, Spaniards will be able to see exactly how King Juan Carlos and the royal family spend the public money that is allotted to the monarchy.

Once the proposed Transparency Law goes into effect, every detail of Zarzuela Palace expenditure will be broken down and posted on the royal family's website, sources who are negotiating the deal between the royal family and the government told EL PAÍS on Tuesday.

In 2007, the king appointed a public auditor to monitor spending. Three years later, the monarch agreed to post on the Zarzuela website a general breakdown of the amount of money - 7.9 million euros this year - Congress assigns his family. But once the new law is passed, Spaniards will see an item-by-item breakdown of royal spending, including the amounts paid for outside contracts, the palace's heating bills and the cost of banquets.

The king and the rest of the royal family have come under intense scrutiny following a string of recent scandals that have included the monarch's controversial elephant hunting trip to Botswana, where he fell and broke his hip. The family also finds itself enmeshed in the ongoing fraud investigation by a Balearic judge into the king's son-in-law, Iñaki Urdangarin. Princess Cristina, Urdangarin's wife, has also been dragged into the inquiry with allegations coming from her husband's former business partner Diego Torres that she knew of the financial irregularities that allegedly took place at their non-profit Nóos Institute.

In the latest emails that Torres - who is also a defendant - has turned over to the judge are messages from Urdangarin that purportedly show how he used the king's support to try to win business in Mexico.

 

Y ADEMÁS...

Para poder comentar debes estar registrado en Eskup y haber iniciado sesión

Darse de alta ¿Por qué darse de alta?

Otras noticias

Avatar
Redactor de tribunales El País. Barcelona

LATIN AMERICA

Sluggish economy forces Brazil into structural reforms

Carla Jiménez São Paulo

Winner of Sunday’s presidential election will have to balance public finances

Brazil’s presidential race divides the country in two

Polls show a dead heat between Rousseff and Neves ahead of Sunday’s runoff vote

Mexican Prosecutor admits mistakes were made when exhuming Iguala mass graves

The parents of the 43 missing students say they do not trust the official investigation

Inflation now everyday battle for millions of Argentineans

Francisco Peregil Buenos Aires

Government has refused unions’ request for wage rise to mitigate high prices

Lo más visto en...

» Top 50

Webs de PRISA

cerrar ventana