Shakira, the Colombian music icon, is set to settle a substantial fine exceeding €7.3 million ($7.98 million) in an arrangement with Spanish prosecutors, deftly avoiding a trial for alleged tax fraud, as confirmed by a Barcelona court on Monday.
The prosecutors had levelled accusations against the superstar, claiming she defrauded the Spanish state of approximately €14.5 million ($15.7 million) in income earned during the period from 2012 to 2014. Shakira vehemently denied these charges, asserting that her full-time relocation to Spain only occurred in 2015.
In a strategic maneuver, the 46-year-old singer, renowned for hits like “Hips Don’t Lie,” entered into a deal at the inception of what would have been her trial. As part of this agreement, Shakira has accepted a three-year suspended sentence and committed to paying a fine of €7.33 million ($7.98 million), equivalent to 50 percent of the alleged unpaid tax.
Adding another note to the legal symphony, Shakira will also contribute a separate fine of €432,000 to secure the suspension of her potential jail sentence, bringing the total financial settlement to around €7.8 million.
Previously rejecting a deal proposed by prosecutors, the singer explained in a statement that her decision was motivated by the well-being of her children, who preferred not to witness their mother endure the personal sacrifices of a legal battle. She expressed the need to move beyond the stress and emotional toll of recent years, redirecting her focus towards cherished aspects of life, including her children and upcoming career opportunities like a world tour and a new album.
In a final chord, Shakira conveyed admiration for those who persist in fighting against injustices until the end but emphasized that, for her, the triumph lies in reclaiming time for her family and her artistic pursuits.