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The Royal House advised the Duke of Palma to let the Nóos Institute
posted on: Dec 17 2011 15:5 by RDugey. Viewed 46 times.
The Spanish Royal family advised Iñaki Urdangarín, husband of the infanta Cristina and son-in-law of King Juan Carlos, to leave the Institute Nóos because this entity developed stock-for-profit.
The following year, the external legal advisor of the King's House recommended that the Duke of Palma you chose to search for self-employed professional activity, possibly out of Spain.
A few days ago the Spanish Royal family adopted decision unprecedented since the accession to the throne of Juan Carlos I in 1975 away from official events to the Duke of Palma, as well as more transparent to their accounts.
Both decisions are the result of research carried out on Iñaki Urdangarín in relation to a great case of corruption.
The controversy started when the anti-corruption Prosecutor in the region of the Balearic ordered registration of offices of a network of companies linked to the Nóos Institute, a foundation in Barcelona without u000anon-profit Urdangarín created and chaired between 2004 and 2007.
To information published by various media sources of the House of the King consulted by Efe pointed out today that the external legal counsel of the House traveled to Barcelona in the spring of 2006 to learn about the situation of the Nóos Institute and, after checking that their activities did not comply with its foundational purposes, advised Urdangarín to dismiss her.
La Casa del Rey had decided to instruct his counsel external a report on the activities that could develop the Nóos Institute in the spring of 2006, to know the information and questions raised in the Balearic Parliament on the operations performed by this institution was the Duke of Palma.
After accepting the Council and leaving Nóos in June 2006, the Duke of Palma, together with its partners, enrolled in the registry a foundation to promote the culture and sport, u000abut failed to operate as such, because the Adviser of the King's House found its functioning was not raised in a way adequate.
The Adviser of the King's House had raised the possibility of a foundation as an alternative suitable for promotion of culture and sport activities, a foundation that will have a Board of Trustees of international prestige and meet all the requirements consistent with such institutions.
Although bailing any other formula, the Foundation Urdangarín and partners enrolled in the registry in 2007 did not respond to the appropriate characteristics, and to check this with the Adviser to the House, did not function as such.
At that point, the external legal counsel of the House of the King advised the Duke of Palma renounce further along that path and to opt for self-employed professional activity, preferably outside Spain, something Urdangarín did in the spring of 2009, when he accepted u000aan offer of a subsidiary of Telefónica in Latin America to work in United States.
The Dukes of Palma living since then in Washington, where Urdangarín - who was Advisor of Telefónica Internacional from June 2006 - presides over the Committee on public affairs of Telefónica Latin America, while his wife, the infanta Cristina, continuing to work on the Fundación "La Caixa", as he did in Spain, now from the post of Director of its international area.
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