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Royal Family News: Who Will Pay Prince Andrew’s Sex Case Settlement

Prince AndrewBritish royal family news brings the bombshell announcement that today the sexual abuse lawsuit brought against Prince Andrew by Virginia Giuffre has been settled out of court for an undisclosed sum, with the money going to the accuser’s charity.

Royal Family News – Prince Andrew Did Not Admit Guilt

With the suit now settled, questions have arisen surrounding the particulars of the deal. Chief among them is who will pay the settlement? Andrew is unemployed and his financial situation has been documented as unstable.

Royal writer Penny Junor said, “There are still a lot of questions. We will never know which of the people in this sorry tale was telling the truth. But we won’t get a daily diet of revelations that will embarrass the family.”

Royal Family News – There Will Be Few Answers?

Andrew did not admit guilt, rather he said he, “regrets his association with Epstein and commends the bravery of Ms. Giuffre and other survivors in standing up for themselves and others.” Giuffre alleged that Andrew’s friend Epstein sex trafficked her to the prince three times when she was a minor.

Who Will Pay the Settlement?

The palace previously stated that Andrew would defend himself, “as a private citizen.” Does that mean his is responsible for paying the settlement? Although, “both sides agreed not to disclose the amount and Buckingham Palace declined to comment, saying it was a matter for the duke and his lawyers,” the Daily Mail reported the figure to be 7.5 million pounds.

How Andrew funds his lifestyle has been an area of scrutiny prior to the lawsuit. According to an analysis of his finances by the Times of London, Andrew receives an annual stipend of 250,000 pounds ($338,000) from the queen, as well as an annual pension of 20,000 pounds ($27,066) from the Royal Navy.

Andrew’s expenses seem rather large for his “salary.” In addition to security for his residence Royal Lodge, in Windsor, he as to pay for staff to maintain the 30-room house.

Royal Family News – Andrew Is Staying Silent

It’s been estimated that Andrew must sell his Verbier ski resort if he intended to agree to a settlement. He paid $22 million for it in 2014 but he had been sued due to being in arrears on the payments. Andrew’s legal team has stated they will have nothing more to say about the case so the question of who will pay the settlement may never be known.

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