Spain's former king leaving country amid financial scandal

Spain's former monarch, Juan Carlos I, is leaving Spain to live in another, unspecified, country amid a financial scandal, according to a letter published on the royal family's website on Aug. 3.

The letter from Juan Carlos to his son, King Felipe VI, said: "I am informing you of my considered decision to move, during this period, out of Spain.''

Juan Carlos, in the letter, said he made the decision against the backdrop of "public repercussions of certain episodes of my past private life.''

He said he wanted to ensure he doesn't make his son's role difficult, adding that "my legacy, and my own dignity, demand that it should be so.'' Juan Carlos' current whereabouts were not known.

Spain's prime minister recently said he found the developments about Juan Carlos - including investigations in Spain and Switzerland - "disturbing.''

Since Spain's Supreme Court opened its probe earlier this year, Spanish media outlets have published damaging testimony from a separate Swiss investigation into millions of euros (dollars) that were allegedly given to Juan Carlos by Saudi Arabia's late King Abdullah.

Juan Carlos allegedly then transferred a large amount to a former companion in what investigators are considering as a possible attempt to hide the money from authorities. The companion, Corinna Larsen, is a Danish-German businesswoman long linked by Spanish media to the former king. Spanish prosecutors have asked her to provide testimony in the case in September in Madrid.

The 82-year-old former king is credited with helping Spain peacefully restore democracy after the death of dictator Francisco Franco in 1975.

But marred by scandals in the later years of his reign, Juan Carlos in 2014 abdicated in favor of his son...

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