Palma.—Miguel Tejeiro, the former accountant of the Noos company, suspected of being a front for the misappropriation of public funds and linked to the Palma Arena scandal, denied yesterday in court that he was instrumental in the company's purchase.

Investigations are underway to discover whether Noos, spearheaded by Iñaki Urdangarin, the Duke of Palma and the King of Spain's son-in-law was used as part of a wider tax evasion vehicle under the umbrella of a financial organisation known as De Goes Center for Stakeholder Management.

In yesterday's hearing , Tejeiro said that he had not gone with the Duke of Palma's attorney at that time, Mario Sorribas, to the notary to acquire the company which was reportedly to become a “screen” for illegal activity. Tejeiro's statement directly contradicted a declaration he had signed at National Police headquarters over his role in the purchase of the company. Investigators said that Noos had been used to send out funds to the value of 420'000 euros to an unknown destination in the United Kingdom. Also due to take the stand yesterday in Palma was Salvador Trinxet, an international tax lawyer who is believed to have been responsible for setting up the network through which the funds were allegedly channelled to enable them to remain 80 percent free of taxation. Meanwhile, Urdangarin's ex associate, Diego Torres and the wife of Tejeiro used their constitutional right to make no declaration.


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