New riddle over missing £500,000: Russian banker donated cash for Prince Charles's foundation - News Summed Up

New riddle over missing £500,000: Russian banker donated cash for Prince Charles's foundation


Philanthropist Mr Leus says he wanted to donate to The Prince’s Foundation because it shared his values of supporting young people through sport. The emails appear to show that just £100,000 of that sum was sent on to The Prince’s Foundation. I have now learned that not all of these funds were then transferred on to The Prince’s Foundation. The £45 million acquisition of Dumfries House – including £20 million borrowed through Charles’s charitable organisation, The Prince’s Foundation – was a financial risk for the future king. The failure of Knockroon is thought to explain why Charles turned to donors to bankroll Dumfries House.


Source: Daily Mail September 11, 2021 22:41 UTC



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