Nóos case

The leaders of the nonprofit foundation Nóos Institute, Iñaki Urdangarin, then Duke of Palma de Mallorca, and his business partner Diego Torres have been accused of using Nóos and a corporate network of companies to embezzle about 6 million euros ($6.6 million) in public funds for sporting events, perverting the course of justice, falsification and money laundering.

In December 2011, the judge attendant of the Palma Arena case, José Castro, charged nine individuals.

[3] The main defendants have been: In February 2006, Antoni Dieguez, a Socialist representative in the Balearic Parliament, said that the Government chaired by Jaume Matas had paid 1.2 million euros to the Nóos Institute for a 3-day forum on tourism and sport from 22 until 25 November 2005, with minimal impact.

[10][11] in the Palma Arena records police found two collaboration agreements between the Balearic Government and the Nóos Institute.

The magistrate Jose Castro found sufficient cause to open a separate case, misappropriation of public funds, embezzlement of public funds and fraudulent administration.

No. 224 Balmes Street in Barcelona, on the fourth floor of which were located Aizoon and Baf Tejeiro's social headquarters, the tax-advice office of Diego Torres' siblings-in-law