In his name, €14,923,604 were deposited (about $17.5 million), the origin of which has not been clarified. In 2004, the two men created a trust that was named using the historian’s initials, JRM, at number 50 La Colombière Street, in St Helier, the capital of the tiny tax haven in the English Channel. Romero Maura, who also worked as a banker in London, guarded some of the Spanish monarch’s best-kept secrets. The administrators of the trust will deliver €1 million each year deposited in accounts in Investec Bank, in Guernsey – another small island in the English Channel. The charity said that the donation of €10 million will be received annually and progressively, as established by the donor. We will take great care to ensure that the money is used to the best effect and lasts well into the future.” We are delighted that this gift will allow us to make a big difference in the lives of refugees and asylum seekers. “Following robust due diligence by trustees, we have decided to accept the generous, legal gift of Joaquín Romero Maura. Tamsin Baxter, executive director of Fundraising and External Affairs at the Refugee Council – explained the process: Upon being offered the donation, the charity launched an internal investigation of its own to determine the origin of the money. EL PAÍS has confirmed this after communicating with a relative of the deceased donor. According to the Refugee Council, this included the balances of his Swiss bank accounts, two properties in London and another one in the French region of Périgord, all valued at a total of over £5 milllion ($6 million or €5.7 million). Romero Maura provided the NGO with a summary of all his assets. He had been a confidante of the former Spanish king. The historian – who held a PhD from Oxford University – was widowed and childless. The donor and owner of the trust – Joaquín Romero Maura – died last June at the age of 81, at a senior home in Zaragoza, Spain. Afterwards, he plans to go to Spain to participate in training for a sailing competition in Sanxenxo, in the northwestern region of Galicia. The ultimate decision to accept coincides with the former Spanish king’s planned visit to London, where he will have a private lunch with King Charles III next week. He now lives in the United Arab Emirates.įor the past six months, the charity’s directors weighed the decision over whether to accept or reject the donation. In August 2020 he fled Spain, where he was being investigated for financial irregularities. The former Spanish monarch abdicated the throne in 2014 amid declining popularity due to his hunting trips and a raft of financial scandals. The origin of these funds was investigated by prosecutors from Spain’s Supreme Court, to determine whether the money originally belonged to Juan Carlos I. This trust is linked to Spain’s emeritus king Juan Carlos I, as confirmed to EL PAÍS by an official source from the foundation. The funds, however, mostly come from the JRM 2004 Trust, an opaque financial instrument created on the island of Jersey, a tax haven in the English Channel. efeīritain’s Refugee Council, a discreet UK aid organization set up to support political refugees – has decided to accept a €10 million ($11 million) donation from the recently deceased Spanish historian Joaquín Romero Maura. Spain's emeritus king Juan Carlos I visiting his home country last year.
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