Judges in Spain ruled on Friday that Princess Cristina, the sister of King Felipe VI was not guilty but ordered to pay a fine of €265,000.
Her husband, Iñaki Urdangarin, was sentenced to six years and three months in prison.
The public prosecutor at the Balearic Islands court house said they would study the 742-page judgement before deciding whether or not to demand the immediate imprisonment of Mr. Urdangarin and his former business partner.
The couple and their four children haved lived in Switzerland since 2013 and did not appear in court for the ruling.
The case alleged the disbursment of millions of Euros of public funds for sporting events organized by Mr. Urdangarin’s nonprofit foundation, the Nóos Institute.
The Royal House told the media that the royal family respected the decision of the court.
The court case began in 2010 when perceived corruption among the Spanish political business and royal elite was at its highest ever.