Spain's former king Juan Carlos has told his son, King Felipe, that he has decided to leave the country, the Royal House said on Monday, after corruption allegations about him surfaced in recent weeks.
In June, the Spanish Supreme Court opened an investigation into Juan Carlos' involvement in a high-speed rail contract in Saudi Arabia, after Switzerland's La Tribune de Geneve newspaper reported he had received $100 million from the late Saudi King.
Through his lawyer, Juan Carlos, 82, has declined to comment on the allegations.
"Guided by my desire to do what is best to serve the Spanish people, its institutions and you as king, I am informing you of my … decision to leave Spain at this time," the palace statement quoted Juan Carlos' letter to the king as saying.
King Felipe thanked Juan Carlos for his decision, underlining "the historic importance that his father's reign represents" for democracy in Spain.
He also reaffirmed "the principles and values on which it (democracy) is based according to our Constitution and legal framework".
Spanish monarchs have immunity during their reign but Juan Carlos Read More – Source