The Duchy of Prince Charles has invested millions of pounds offshore

08 November 2017, 11:57 | Economy
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All these hearts are invested in offshore funds and companies, including in the business structure in Bermuda, according to the newspaper Guardian.

For example, the Duchy, in secrecy, invested about $ 100,000 in the company of Prince Charles's friend Hugh van Katsem, whom they met while studying at Cambridge University.

The fact that the funds were transferred in secret, provided that the duchy does not have tax benefits, can cause "inconvenient issues".

It should be added that Prince Charles did not participate directly in making decisions related to investments.

Napmonim, as reported by the wound "URA-Inform", at least 10 million pounds sterling, the reigning Queen of Great Britain invested in off-shores of private fortunes. So, the investments were found in the leasing company BrightHouse, which was accused of profiting from the poor.




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