Swiss prosecutors close corruption case against Carlos

Tuesday, Dec 14, 2021

Geneva: Swiss prosecutors said Monday they have closed a case against former Spanish king Juan Carlos over suspicions he received $100 million in kickbacks for facilitating a high-speed rail contract in Saudi Arabia awarded to a Spanish consortium.

After three years of investigation, the Geneva top prosecutor´s office said in a statement that the money transferred into a Swiss bank account had "not been sufficiently documented". But it said the probe had "not permitted to establish in a sufficient manner a link between the amount received from Saudi Arabia and the contract to build the high-speed train."