Court moves closer to indicting Spanish princess Cristina

Madrid : A Spanish judge moved closer on Wednesday to indicting Princess Cristina, the sister of newly proclaimed King Felipe VI, in a corruption and embezzlement investigation centering on her husband, reports AP.

Wrapping up a four-year pre-trial investigation, Palma de Mallorca investigative magistrate Jose Castro kept her on a list of suspects he thinks should stand trial. He said Cristina is suspected of two counts of cooperation in tax fraud and one of money-laundering. The judge said her husband, Inaki Urdangarin, is accused of embezzlement and fraud. Prosecutors and defendants will study the ruling and present their accusations or arguments. The judge will then decide what indictments to issue, a step not likely to occur before September.

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