Scotland’s charity regulator has launched an investigation following claims the Prince of Wales’ charitable basis accepted a six-figure sum from a rich Russian donor.
Charles wrote a letter thanking the businessman for his beneficiant supply of greater than £500,000 to the Prince’s Basis final yr, and recommended they may meet after the Covid disaster.
The charity initially acquired £100,000 however the whole sum was reportedly rejected by the ethics committee of the muse, whose headquarters are in Scotland, following considerations about its provenance, in accordance with The Sunday Occasions.
The investigation launched by the Scottish Charity Regulator comes shortly after an alleged cash-for-honours scandal which noticed Michael Fawcett quickly step down as the muse’s chief govt earlier this month.
A spokesperson for the Scottish Charity Regulator stated: “Now we have been working with the Prince’s Basis to raised perceive using the organisation’s funds, and to realize a full understanding of the work which is being undertaken by the charity’s trustees to analyze the vary of points which have been raised.
“Now we have written to the trustees informing them that we are going to examine these issues beneath the powers set out in part 28 of the Charities and Trustee Funding (Scotland) Act 2005 and can observe up any further queries as they come up.
“It’s the duty of all charity trustees, the individuals who handle and management a charity, to behave always within the pursuits of the charity and adjust to their authorized duties in doing so. Particularly, they have to be sure that all funds are spent in attaining the charity’s functions, and be sure that grants or donations are used in keeping with any circumstances imposed.
“We’ll take into account what, if any, additional motion is suitable for us to take when we now have been in a position to absolutely take into account data offered to us by the charity.”
Final week, Clarence Home stated the prince had “no information” of the alleged cash-for-honours scandal after Charles and Mr Fawcett, one in all his most trusted confidants, had been reported to the police over the claims.
The stress group, Republic, contacted Scotland Yard and reported each the longer term king and Mr Fawcett, Charles’ former royal valet, on suspicion of breaching the Honours (Prevention of Abuses) Act 1925.
The chief govt is accused of promising to assist safe a knighthood and British citizenship for a Saudi billionaire donor.
Charles is president of the muse however not concerned with its governance, with the charity’s trustees overseeing its day-to-day actions.
An investigation has been launched into the allegations referring to Mr Fawcett by an impartial crew on behalf of the muse’s trustees
A Clarence Home spokesperson stated about this investigation: “The Prince of Wales absolutely helps the investigation now beneath method on the basis.”
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