In November 2011, Urdangarin was accused of diverting public funds for his own profit through the non-profit "Nóos institute" in the 'Palma Arena' case. The Spanish Anticorruption bureau conducted searches at the "Nóos institute". The daily "El País" published a budget document for an international event organized by the Noos Institute. It is believed that he persuaded various Spanish public administrations (mostly regional governments) to sign agreements with the Nóos Institute for both work that was never done and work that was dramatically overstated, amounting to up to €5,800,000 of funding from public administrations.