Founded in Liechtenstein in 2003 and owned by Álvaro de Orleans-Borbón, a distant cousin of Juan Carlos who lives in Monaco received a large sum of money from Switzerland, Juan Carlos is named as the third beneficiary. In 2009 Álvaro de Orleans-Borbón paid a cheque from Mexico for €4.3 million into the account which the Swiss adjudicated belonged to Juan Carlos. Juan Carlos appears to have drawn down funds from the Zagatka foundation to spend €8 million between 2009 and 2018 on private flights, with Air Partner receiving around €6.1 million.