Infanta Pilar’s ‘Financial Facade’ Named In Panama Papers

Today had more bad news in store for the Spanish royal family. Although the king has worked hard to make the family’s finances more transparent, his family doesn’t seem to be too cooperative.  His sister the Infanta Cristina and her husband Inaki Urdangarin are suspected of embazzling tax money. However, his aunt Pilar now also is under scrutiny.

This weekend the so-called ‘Panama Papers’ have been opened. A group of 376 journalists from 76 differnent countries discovered that many heads-of-states and other officials and celebrities tried to evade paying taxes by diverting money to accounts in tax havens such as Panama.

Among the names that came up was that of the Infanta Pilar, aunt of king Felipe VI of Spain. The princess had an account in Panama for forty years that was listed under the name ‘Delantera Financiera’. This literally translates as ‘financial facade’, a name that doesn’t leave much open to question. The account was ended a few days after the abdication of King Juan Carlos I.

The late husband of the princess, Don Luis Gómez Acebo was involved with the Delantera Financiera. After his death in 2006 their son Bruno became its treasurer.

Infanta Pilar in 2013

Filed under Spain
Tagged Bruno Gómez-Acebo, Finances, Infanta Pilar Duchess of Badajoz, Legal Matters.