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Questionable money transfers.  A new problem for Prince Andrew.

Questionable money transfers. A new problem for Prince Andrew.

Prince Andrew is in the headlines once again.


The Queen’s second son made negative headlines once again. This time it comes to contacts with a dubious businessman.

Britain’s Prince Andrew, 62, allegedly embezzled money received by a controversial businessman, returning it to its rightful owner.

On Saturday, the German news agency learned that the second eldest son of Queen Elizabeth II (95) transferred the equivalent of about 940,000 francs to a Turkish millionaire.

The woman claims she was brought in by a citizen for the equivalent of about CHF46 million and is suing the London High Court to return her assets. According to the court, both Andrew and his ex-wife, Sarah Ferguson, received large sums of money from her.

According to the millionaire, she hired the accused businessman to keep her money after she had to leave Turkey for political reasons. Instead, he was said to have embezzled property. The transfer to Andrew was justified for her in exchange for assistance in obtaining a passport and declared as a wedding gift for Andrew’s daughter Beatrice, 33, the woman said in court, according to the Palestinian News Agency. The businessman denies these allegations.

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The reason why Andrew got the money in November 2019 wasn’t initially clear. The entrepreneur has reportedly won an award given by Andrew by the Pitch at Palace initiative, which promotes startups. A spokeswoman for Prince Andrew declined to comment on the Defense Department’s request on Saturday, citing ongoing court proceedings.

Prince Andrew has again made negative news headlines as a result of the case. It was only in mid-February that he managed to avoid a lawsuit against him in the United States with a comparison that was probably worth millions. Prosecutor Virginia Joffrey accused him of repeatedly abusing her when she was 17. Andrew denied the allegations. However, he had already had to give up his military rank and official duties to the royal family.

dpa / toco