Money For Nothing
Listen to Today's Edition
British Prince Charles is facing growing public outrage over a report that found that the heir to the British throne accepted bags full of cash as charity donations from a prominent Qatari official, Fox News reported.
Earlier this week, the Sunday Times reported that the 73-year-old royal received about $3.2 million from former Qatari Prime Minister Sheikh Hamad bin Jassim bin Jaber Al Thani between 2011 and 2015. The report alleges that the Qatari official handed over the money during private meetings, on one occasion in shopping bags from London’s Fortnum & Mason department store.
The money was eventually deposited into the Prince of Wales’ Charitable Fund, which gives grants to other non-profit organizations that promote the royal’s interests. The report didn’t allege any wrongdoing.
Charles’ office said that there was “no failure of governance” and that the donor was “a legitimate and verified counterparty.” Still, Charles could face a potential investigation from the Charity Commission, which oversees charities in Britain.
At the same time, London police are currently investigating another of the prince’s charities over allegations that people within the organization offered to help a Saudi billionaire secure honors and citizenship in return for donations.
Neither Hamad nor the Qatari government have commented on the accusations.
During his tenure as prime minister from 2007 to 2013, Hamad was in charge of the oil-rich state’s sovereign wealth fund, which has substantial property interests all over the world, including London’s Shard building, Heathrow Airport and Harrods department store.