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Bahrain: Details emerge of alleged $1.9m gift to the former Spanish king

King Hamad Bin Isa Al-Khalifa in April 2010 allegedly gave $1.9m as a gift to Spain’s then monarch King Juan Carlos I. Juan Carlos – who was on the throne from 1975 until his abdication in June 2014 – is said to have passed the money to fund manager Arturo Fasana, who deposited it in Swiss private bank Maribaud, according to a report on 2 May in Madrid daily El Pais, which said it had seen statements given by Fasana to Geneva’s chief prosecutor Yves Bertossa.

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