Royal Family News: Prince Andrew Huge Loan Forgiven, Official Calls For Investigation

British royal family news reveals that Prince Andrew is making headlines again, this time in regard to his financial arrangements. A former UK government official, Norman Baker, wants Charles investigated over a $2 million loan, “his banker friend repaid days after it was taken out,” according to Newsweek.

Royal Family News – Prince Andrew is Making Headlines

Baker made the assertion after documents emerged showing a 2017 credit application from Andrew which was, “approved on the strength of Queen Elizabeth II’s reputation even though staff said it was ‘not in line with the risk appetite of the bank,’ according to Bloomberg.”

Documents cited by Bloomberg show the money was routed through a company account associated with David Rowland. According to Bloomberg, David Rowland, a Conservative Party donor, deposited the exact same sum to Banque Havilland 11 days later, with the money meant to repay Andrew’s loan.

Royal Family News – Prince Andrew Is Named In A Sexual Assault Case

Rowland reportedly is considered the owner of the bank, due to his number of shares. A High Court judge, in an unrelated ruling, declared that the bank’s shares are, “held subject to a discretionary trust of which the enforcer is David Rowland.”

Apparently Prince Andrew has made several appearances on behalf of the bank, “and attended its opening in Luxemburg in his official capacity as a royal in 2009.”

Royal Family News – Will Prince Andrew Testify In His Own Behalf?

Baker told Bloomberg, “This demonstrates yet again that significant questions need to be asked about Prince Andrew’s business dealings and his association

In referring to, “dubious characters,” Baker might be referencing Andrew’s association with the late, dead pedophile Jeffrey Epstein. Andrew has been named in a sexual assault civil case brought by Virginia Roberts. Roberts alleges that Epstein used her in a sex trafficking ring and that she had sex with his friend, Andrew, when she was a minor.

She is currently suing Andrew in a NYC courtroom and Prince Andrew has denied the allegations. The newest financial allegation against Andrew comes on the heels of news that his legal fees in the civil case are being paid for by his mother Queen Elizabeth. When this news emerged royal watchers lamented the queen’s involvement in her son’s legal woes. She is currently on a two week reprieve from public duties due to health concerns.

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