Spain's scandal-hit former king Juan Carlos to go into exile
Source: The Guardian
Spain's scandal-hit former king Juan Carlos to go into exile
The 82-year-old says he is moving abroad to help son exercise his responsibilities as king
Sam Jones in Madrid
@swajones
Published on Mon 3 Aug 2020 18.09 BST
Spains former king Juan Carlos is to leave the country and go into exile abroad following a series of damaging allegations about his financial arrangements that have harmed the reputation of the monarchy and embarrassed his son, King Felipe.
In March Felipe stripped Juan Carlos of his annual stipend and renounced his own personal inheritance from his father after reports that he was in line to receive millions of euros from a secret offshore fund with ties to Saudi Arabia.
Three months later, Spains supreme court launched an investigation into the former kings role in a deal in which a Spanish consortium landed a 6.7bn (£5.9bn) contract to build a high-speed rail line between the Saudi cities of Medina and Mecca.
On Monday afternoon the royal house published a letter sent by Juan Carlos to his son saying he would move away from Spain in the wake of the public repercussions that certain past events in my private life are causing.
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Read more:
https://www.theguardian.com/world/2020/aug/03/spains-scandal-hit-former-king-juan-carlos-to-move-abroad