US EditionAndrew Was Paid Millions by Oligarch with Funds From Firm Linked to Bribery Scheme: BBC
Prince Andrew sold Sunninghill Park using a loan from Enviro Pacific Investments, linked by Italian prosecutors to a bribery scheme, raising due diligence concerns.
- BBC investigation found Prince Andrew received millions from Kazakh billionaire Timur Kulibayev, who used funds loaned from Enviro Pacific Investments to buy Sunninghill Park for £15 million.
- Italian court documents show Aventall channelled allegedly corrupt payments to Enviro Pacific Investments, and Agostino Bianchi pleaded guilty in Monza to bribery involving oil contracts in Kazakhstan.
- Through his lawyers, Kulibayev said he obtained a loan from Enviro Pacific in 2007 for commercial reasons, later repaid with interest, and paid £15 million for Sunninghill Park, reportedly £3m above asking and ~£7m above market.
- The revelations raise questions about whether Prince Andrew inadvertently benefited from corrupt proceeds and whether sufficient due diligence was done, while Republic has instructed lawyers to pursue prosecution and Margaret Hodge called for full investigations.
- In 2007, the UK legal framework had no requirement to identify offshore owners buying property, while Milan courts and 2017 proceedings were dismissed and Timur Kulibayev was not charged.
12 Articles
12 Articles
Andrew selling his wedding present from the Queen tells you everything about him
The Royal Family is often described as a “modern morality tale”, with Andrew Mountbatten-Windsor still one of the main characters, despite shedding his titles. But really the story is about accountability, because the former prince’s story tells us so much about why appalling behaviour continues and often worsens. The events of the past few months, in which Andrew was stripped of his titles, kicked out of Royal Lodge in Windsor and is now mooted…
Andrew Mountbatten-Windsor reportedly received large sums of money through an oligarch and a company involved in corruption.
Calls for Andrew Mountbatten-Windsor to face criminal probe amid oligarch revelations
CAMPAIGNERS have renewed calls for Andrew Mountbatten-Windsor to face a criminal investigation after it emerged he received millions of pounds from an oligarch using funds from a firm implicated in corruption.
The BBC now reports that Prince Andrew, who was stripped of his military and royal ranks and retired from public life due to the Jeffrey Epstein scandal, may have profited from criminal proceeds in a former real estate deal. In 2007, while still an active member of the British royal family, the prince sold his Sunninghill Park estate to a Kazakh oligarch, Timur Kulibayev, for £15 million. The purchase, which was much more expensive than the prop…
The question is whether Prince Andrew benefited from the proceeds of crime.
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