PRINCE Andrew was gifted ￡1.5million by a controversial businessman to pay off a loan he had taken out from a private bank.
He was given the cash by property boss and financier David “Spotty” Rowland, whose clients have included dictators and despots.
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Prince Andrew was gifted ￡1.5million by a controversial businessman to pay off a loan he had taken out from a private bank
He was given the cash by property boss and financier David 'Spotty' Rowland, whose clients have included dictators and despots
Eleven days earlier, in 2017, Andrew had borrowed the same amount from Banque Havilland — which is controlled by multi-millionaire and former Tory Party treasurer Mr Rowland’s family.
Banque Havilland denies any wrongdoing.
Ex-Home Office minister Norman Baker wants a full investigation. He said: “The Rowlands are hard-headed businessmen.
"They won’t have given Andrew that money out of the goodness of their hearts — they will want something in return.”
A spokesman for Andrew said: “The Duke of York is entitled to a degree of privacy in conducting his entirely legitimate personal financial affairs, on which all appropriate accounting measures are undertaken and all taxes duly paid.”
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