Tag Archives: government
Spanish royal embezzles 8 million
Spain’s Duke of Palma embezzled millions of euros after leveraging his blue-blood connections to gain inflated, no-bid contracts from regional politicians for his nonprofit sports foundation, Instituto Nóos. The duke made no move without palace approval. http://www.nytimes.com/2013/02/22/world/europe/embezzlement-scandal-threatens-spains-royal-family.html?hp=&adxnnl=1&adxnnlx=1361538155-ZAzdi9ObPXqcA//01zSv4g He and his partner were involved in inflating contracts and moving money offshore. They received about $8 million […]