Colombian singer to pay €7.3m fine instead of risking prison sentence in deal that ends Barcelona trial.
Prosecutors were seeking an eight-year prison sentence for the singer — whose use of offshore companies was exposed by ICIJ — over nearly $16 million in ...
On the day her tax evasion trial was set to begin, Shakira announced that she struck a deal with Spanish prosecutors, settling a years-long legal dispute.
Shakira has reached an agreement to settle a years-long legal dispute related to accusations that she had evaded taxes for the years 2012, 2013 and 2014.
The singer, who also has a second tax fraud investigation pending with Spanish authorities, had previously vowed to fight what she called false accusations.
Under the deal, Shakira is to receive a suspended three-year sentence and a fine of $11.67 million.
In a statement, the musician said her children “do not want to see their mom sacrifice her personal well-being in this fight.”
Under the deal, Shakira is to receive a suspended three-year sentence and a fine of 7.3 million euros ($8 million). She will pay another fine of 432000 ...