Colombian superstar Shakira settled her tax evasion suit with the Spanish authorities on Monday, avoiding a trial that was due to start that day.
The Grammy-winning singer admitted the charges against her and agreed to pay the amount owed in full and an additional fine, according to a statement released by the Barcelona prosecutor’s office on Monday afternoon.
She paid a total of €17.5 million ($19 million), an amount composed of the taxes she owed plus interest, as well as a fine of €7.3 million ($8 million), the statement said.
Prosecutors had asked for a sentence of more than eight years in prison if Shakira were convicted on all six counts of tax fraud. But the settlement said that, instead of prison, she would pay additional fines of about $437 a day for a three-year sentence, or just over $470,000.
Monday’s court proceedings lasted about 10 minutes, during which time the judge announced a last-minute agreement submitted by all parties to avoid trial. Shakira was asked by the judge if she was aware of the deal and the latest fines agreed, to which the singer responded “yes.”
A statement released by the singer’s communication team shortly afterward announced her lawyers reached an agreement to end a tax case that covered the years between 2012 and 2014.
Shakira said in a statement that she “was ready to face trial and defend my innocence,” but came “to the conclusion that it is not a triumph to win if the price is that (they) steal so many years of life.”
“I had two options: keep fighting until the end, taking my peace of mind and that of my children, stop making songs, albums and tours, without being able to enjoy my career and the things I like; or agree, close and leave this chapter of my life behind, looking forward (to the future),” she added.
Source: CNN
