Spain: Court moves closer to indicting princess Cristina in tax fraud case

Madrid: A Spanish judge has moved closer to indicting Princess Cristina, sister of newly proclaimed King Felipe, in a tax fraud and money-laundering investigation centering on her husband.Wrapping up a four-year pre-trial investigation, Palma de Mallorca investigative magistrate Jose Castro on Wednesday kept Cristina on the list of suspects he thinks should stand trial — in her case for money- laundering and tax fraud cooperation.The judge said husband, Inaki Urdangarin, should be tried for embezzlement and fraud.[caption id="attachment_1588285" align="alignleft" width="380"]

Spain's Princess Cristina leaves the courthouse of Palma de Mallorca in Palma Mallorca, Spain after being named as a fraud and money laundering suspect. AP[/caption]Neither has been formally charged.Prosecutors and defendants will study the ruling and present their accusations or arguments. The judge will then decide on what indictments to issue, a step not likely to occur before September.Associated Press