Infanta Cristina de Borbón, sister of Spanish King Felipe VI, has been acquitted of tax fraud in a high-profile corruption trial known as the Nóos case . Although Cristina de Borbón has been cleared of the criminal charges against her, she will have to pay a fine of €265,088 for her role in the case. The royal was never charged by either public prosecutors or tax authorities, but rather by a private prosecution.
Iñaki Urdangarin, considered one of the masterminds behind a business scheme that obtained no-bid contracts from regional governments, has been sentenced to six years and three months in prison.
He has been found guilty of embezzlement, fraud, influence peddling and tax crimes. The court has also demanded that he pay a €512,000 fine.