Geneva Prosecutors Close Spain-Saudi Money Laundering Probe
Spain´s former King Juan Carlos
Photographer: Oscar Del Pozo/AFP via Getty Images
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Geneva prosecutors closed a probe into five people suspected of money laundering in a case that looked at donations by the late king of Saudi Arabia to fellow royal Juan Carlos, the former king of Spain.
They had opened the investigation in 2018 following press reports into whether Juan Carlos de Borbon Y Borbon, who abdicated from the Spanish throne in 2014, had received illicit bribes linked to a high-speed train contract in Saudi Arabia won by a Spanish-Saudi consortium, the prosecutor’s office said.