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The Prince of Wales’s Charitable Fund confronted scrutiny over the ‘baggage of money’ it obtained from the Qatari royal household
The UK Charity Fee has dropped an investigation into multi-million-pound donations made by the Qatari royal household to the Prince of Wales’s Charitable Fund (PWCF), triggered by a sequence of UK press revelations final month.
“We’ve got assessed the data offered by the charity and have decided there isn’t a additional regulatory position for the Fee,” the watchdog’s spokesperson confirmed on Wednesday.
British media reported in June that Prince Charles had obtained three separate money funds totaling over £2.5 million ($3 million) between the years 2011 and 2015, personally accepting the donations from Sheikh Hamad bin Jassim bin Jaber al Thani, who served as PM of Qatar from 2007 to 2013.
Throughout one assembly at Clarence Home, which an adviser reportedly described as making everybody current “very uncomfortable in regards to the scenario,” the prince was allegedly handed a bag holding €1 million in €500 notes. Throughout one other handover, the money was introduced in baggage from division retailer Fortnum and Mason, once more elevating eyebrows amongst these involved with propriety.
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Following the revelations, the charity watchdog was initially pressured to contemplate “whether or not there is a position for the fee to research these issues,” however has since been given “adequate assurance” that nothing unlawful had taken place. The PWCF insisted it verified the donor was a “official and verified counterparty” and that its “auditors signed off on the donation after a selected enquiry through the audit.”
Whereas neither the prince nor the sheikh have been accused of wrongdoing at any level, a senior royal supply instructed The Guardian that “contexts change over time,” and that the prince now not accepts giant money donations.
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