Shakira decided not to fight the fight in a courtroom in Spain … she has settled her tax fraud case with the government and agreed to pay millions in fines.
She cut a plea deal in the case after failing to pay $15.8 million in taxes between 2012 and 2014 — the singer is set to receive a suspended three-year sentence and a fine of $7.6 million.
Shakira showed up for the trial Monday in Barcelona, but before anything official happened the parties announced a settlement.
The fine is actually something of a victory for the singer … prosecutors wanted more than double that. Also, she can certainly afford it … her net worth is significantly north of $200 million.
Shakira seemed upbeat when she entered the courthouse … blowing kisses to her fans.
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Shakira Prosecutors Want Her to Serve 8-year Prison Sentence in Tax Fraud Case
As for why she settled, she said in a statement it was “to spare my children seeing their mother sacrifice her well-being.”
She went on … ‘I admire tremendously those who have fought these injustices to the end, but for me, today, winning is getting my time back for my kids and my career.”
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She’s still pissed, going after the Spanish government targets athletes and other high-profile folks.
The judge asked her if she accepted the charges against her and she simply said, “I do.” The judge said the fine would end the case … i.e., no prison time.
Case closed.
