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Andrew of York (again) in the storm for a £ 1.5m loan

New clouds gather up Andrew of York. The Epstein case who threw theshadow of pedophilia (in a few months it will be forced to face in court the main accuser, Virginia Giuffre) now the queen’s son is in the center of one financial scandal. In 2017, when he had not yet been forced to resign from royal duties, he would receive a £ 1.5 million loan from a banker friend, the controversial British multimillionaire David Rowland. According to the British tabloids, the sum would have served to pay off another loan obtained from an offshore bank owned by the donor’s family. A complex one fiscal matter which, if true, would collide with one of the first Buckingham Palace rules: royalty must “never accept gifts of money”, because they could put them in a “condition of obligation towards the donor”.

Former lawmaker Norman Baker, an expert on royal finances, said he will write to the public accounts committee asking an investigation into the duke’s finances. And it has already asked Her Majesty’s Revenue and Customs (the UK government department responsible for tax collection) to verify if Andrea paid the taxes “On all his income”. While Graham Smith, head of the anti-monarchist pressure group Republic, thundered: “When someone pays large sums of money to a public figure, the question is: what does he want in return? We need an urgent investigation. ‘ An immediate reply from a spokesman for Andrea: «The duke is entitled to a certain degree of privacy in the conduct of his business financial completely personal legitimate, on which all appropriate accounting measures are taken e all taxes are duly paid “.

Relations between the prince and the British financier made headlines as early as 2019, shortly after the Epstein scandal broke out. An investigation of the Mail on Sunday he had in fact revealed that the queen’s son, when he still was foreign trade representative of the kingdom, I had allowed Rowland to attend his meetings on official tours around the world, so that the tycoon’s family could expand their banking business and attract new wealthy and powerful customers. The Sunday tabloid – which based its revelations on exchanges of emails between the prince and members of the Rowland family – spoke of the matter as a “Surprising conflict of interest”. And he wondered: Does this explain how the prince finances his billionaire lifestyle? The Duke of York, in fact, leads an opulent lifestyle «between yachts, golf resorts, and super luxury holidays in the Swiss Alps or in St Tropez». But his official income is there pension of £ 20,000 a year (about 23,500 euros) which he receives from Royal Navy and a sum of 249,000 pounds a year which he receives privately from the queen.

Andrea di York’s future looks increasingly black. In recent months, due to the Epstein case, Charles of England had established that his younger brother “He will never be able to return to public life”. Because even if Virginia Giuffre were to lose the case, her complaint «will not stop damage the reputation of the British Crown“. The new alleged financial scandal can only make matters worse. And Andrea’s growing troubles also risk overshadow the celebrations of the Platinum Jubilee of the mother queen.

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