Spanish king named on offshore fund linked to €65m Saudi 'gift'
Revelations threaten to tarnish king's image six years after he took over from his scandal-hit father
The king of Spain has been drawn into a dispute over his father's financial irregularities after he was linked to a secret fund that has raised questions over the royal family's wealth.
The Telegraph can reveal that 52-year-old King Felipe is named as a beneficiary of an offshore fund holding a €65 million gift from Saudi Arabia given to his father when he was on the throne.
The revelations threaten to tarnish King Felipe's squeaky clean image six years after he took over from Juan Carlos, 82, promising a clean break from his scandal-hit father.
King Felipe now faces calls to reveal the extent of his personal wealth and interests, including any money held in foreign bank accounts
https://www.telegraph.co.uk/news/2020/03/14/spanish-king-named-offshore-fund-linked-65m-saudi-gift/