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Prince Charles's estate made big profit on stake in friend's offshore firm  

Prince Charles with Hugh van CutsemThe Prince of Wales’s private estate has invested millions of pounds in offshore funds and companies, including a Bermuda-registered business run by one of his best friends, according to documents in the Paradise Papers leak.

The Duchy of Cornwall’s decision to buy shares was regarded as highly sensitive and board members of the company, which invested in land to protect it from deforestation, were sworn to secrecy. Documents show the duchy was introduced to the company by its director, Hugh van C. Read more HERE.

Prince Charles with Hugh van CutsemThe Prince of Wales’s private estate has invested millions of pounds in offshore funds and companies, including a Bermuda-registered business run by one of his best friends, according to documents in the Paradise Papers leak.

The Duchy of Cornwall’s decision to buy shares was regarded as highly sensitive and board members of the company, which invested in land to protect it from deforestation, were sworn to secrecy. Documents show the duchy was introduced to the company by its director, Hugh van C. Read more HERE.

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Published on 08/11/2017 @ 09h52   | |