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Shakira settles Spanish tax fraud dispute, opts to leave this chapter of her life behind

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Shakira assured during the Latin Grammys that she was ready to leave the past in the past and has now stepped into a brighter future after five years of a legal battle with Spain’s Treasury.

The Colombian artist said she “felt ready to defend” her “innocence.” However, she still opted to prioritize her children’s wishes, who asked her to end this process: “They have lived through very hard times and I want them to see me happy,” the global sensation said, as informed by our sister magazine ¡Hola!

Shakira and the Spanish Tax Agency reached a financial agreement on Monday, November 20th, to end the trial for alleged tax fraud.

The singer was accused of owing 14.5 million euros to the Treasury and was facing a potential sentence of eight years and two months and a fine of 23.8 million euros.“The legal team, aware of the exhaustion and time that this process entails for a singer of international prestige like Shakira, has reached a financial agreement with the prosecution in order to put an end to the process; and thus avoid the impact of the media exposure and the trial time, which on many occasions is of an exhausting length,” reads Shakira’s official statement.The amazing looks Shakira wore at the Latin GRAMMY Awards: PhotosShakira dedicates Latin Grammy to her kids: ‘I promised them I will be happy’Shakira and her kids move the Latin GRAMMYS with their performance of ‘Acróstico’“Despite all the efforts to defend her innocence, the criminal process and the pressure from the Tax Agency during these five years have generated an enormous loss of time and resources for the artist, and Shakira now feels the need to prioritize her career and their stability and that of her children,” the statement adds. “I felt ready to face a.

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