Spanish court upholds charges of tax fraud against Princess Cristina

Spain's Cristina de Borbon, sister of the newly-crowned King Felipe VI, leaves a courthouse after testifying in front of judge Jose Castro over tax fraud and money-laundering charges in Palma de Mallorca February 8, 2014. REUTERS/Albert Gea

MADRID (Reuters) - A Spanish court said on Friday it would uphold charges of tax fraud against Cristina de Borbon, 49, sister of King Felipe VI, in a graft probe which along with other high-profile corruption cases has eroded Spaniards' faith in their institutions.

However, the High Court of Palma de Mallorca added it would drop charges of money-laundering against the princess as part of an investigation into her husband Inaki Urdangarin's business dealings.