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regular-article-logo Tuesday, 05 November 2024

Arantxa Sanchez Vicario accused of defrauding Banque de Luxembourg, blames ex-husband in trial

Sanchez Vicario, 51, and her former husband Josep Santacana stand accused of hiding assets to avoid paying a €7.6m ($8.14m) debt to Banque de Luxembourg, including interest, according to the prosecutor

Our Bureau And Agencies Barcelona Published 13.09.23, 11:44 AM
Arantxa Sanchez Vicario speaks to the media after leaving court in Barcelona on Tuesday. (Reuters)

Arantxa Sanchez Vicario speaks to the media after leaving court in Barcelona on Tuesday. (Reuters) Sourced by the Telegraph

Former Spanish tennis great Arantxa Sanchez Vicario told a court on Tuesday at the start of a fraud trial that she had trusted her then-husband to handle her money and she was not aware of any illegal tampering with her family assets.

Sanchez Vicario, 51, and her former husband Josep Santacana stand accused of hiding assets to avoid paying a €7.6m ($8.14m) debt to Banque de Luxembourg, including interest, according to the prosecutor.

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The former couple, who divorced in 2019, deny the charges. They could face up to four years in prison if convicted and be liable for millions of euros in compensation.

“I did what he told me to do, because I am a tennis player, I have no knowledge of assets or companies or anything. I trusted my husband,” she told the court in Barcelona, sobbing at times.

She said she only became aware of the seriousness of the situation later and confronted her husband, who “acknowledged the facts”. She told the court she had already paid around €1.9m to the bank and committed to paying half of her income.

Sanchez Vicario was the first Spanish player to reach the top of women’s tennis rankings. She won the French Open thrice and the US Open once, including beating Steffi Graf twice in grand slam finals, before retiring in 2002.

Reuters

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