Spain’s indicted princess seeks bail cut in tax-fraud case

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MADRID (AP) – Princess Cristina has presented a list of assets that will be blocked in order to cover her 2.7 million euros ($3 million) bail fee while she awaits trial on tax fraud charges.

A court in Palma de Mallorca said the princess filed the list before the Friday afternoon deadline and also sought a reduction in the bail amount.

The court said Judge Jose Castro would decide on the petition next week. No further details were released.

None of the blocked property will be seized from the princess but she will not be able to sell any of it.

Cristina, the 49-year-old sister of King Felipe, was indicted in December as part of a four-year probe into her husband, Inaki Urdangarin, who faces charges including money-laundering and fraud.

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