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Spain's Princess Cristina Faces Trial on Corruption Charges

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A Spanish court has upheld corruption charges against Cristina de Borbon, sister of newly-crowned King Felipe VI, and her husband in one of the last steps before a trial that could cloud the monarchy's bid to rebuild its reputation. The Wednesday rulings come a week after King Juan Carlos abdicated in favor of his son.

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The court said it had formalized charges of tax fraud and money laundering against Princess Cristina, who was caught up in an investigation of husband Inaki Urdangarin's business dealings. Urdangarin is accused of using his connections to win public contracts to put on events through his non-profit organization Noos Foundation. The couple are steps away from being put on trial, though Wednesday's rulings can be appealed. The couple denies wrongdoing.

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- Reuters

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