Corruption in Spain Article Example | Topics and Well Written Essays - 250 words

Corruption in Spain - Article ExampleThe article Corruption in Spain talks about the corruption situation in Spain involving Princess Cristina de Borbon, sister of Spains King and a former board member of Noos institute, and her husband who was the chair of Noos Institute.It is alleged that Princess Cristinas husband and his business partner used the consultancy and makeup of tourism and sports banner together with their connections to obtain public contracts, which they overcharged. They stowed away the money in offshore accounts and opposite privately owned companies. Between 2003 and 2006, Urdangarin and Diego Torres, his former partner siphoned millions through Noor. In addition, it is alleged that Urdangarin and Christina used their participation Aizoon to launder funds from their government. They obtained lucrative public contracts without bidding but used their royal connections to do so. Her secrecy involvement comes from the fact that she was a board member of Noor and a co-owner of Aizoon, a private company which she conjointly owned with her husband, therefore, there is no way that Urdangarin would have committed the alleged crime without her knowledge. Similarly, Aizoon has the history of evermore changing its legal domicile. This together with the numerous links that it has with Noos is non a coincidence. The case is historic not only for Spain as a country but also for the entire Europe as it stresses the admiration for and the independence of Spains judicial system.