30/01/13 23:05 CET
| updated xx mn ago
| updated at xx
The son-in-law of Spain’s King Juan Carlos has been ordered to post more than eight million euros in bail as part of an ongoing corruption probe.
A court in Palma on the island of Mallorca has given Inaki Urdangarin and his former business partner Diego Torres Perez five days to make the payment.
The pair are suspected of funnelling off millions of euros paid to a charitable organisation by regional governments. Investigators are also probing
allegations of tax fraud.
Urdangarin, who is married to the King’s second daughter, Princess Cristina, denies any wrongdoing.
He could have properties embargoed if he fails to provide the bail.
The scandal appears to be denting the royals’ popularity.
While the King is respected by most Spaniards, a recent poll showed that support for the monarchy had fallen to 54 percent, six points lower than a year ago.
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