Full Answer
How much did Prince Charles pay for Prince Andrew’s settlement?
Charles, 73, has agreed to pony up the majority of Andrew’s settlement with Virginia Roberts Giuffre, with the Queen also contributing some money, The Sunreported. The settlement reached last month by the Duke of York, 62, and Giuffre, 38, was reported to be between $9 and $12 million.
Who will pay for Prince Andrew’s settlement to Virginia Giuffre?
THE Queen will pay towards the cost of Prince Andrew's settlement to Virginia Giuffre, it was reported last night. The Duke of York, 61, settled claims he raped and abused Ms Giuffre when she was 17 out of court for an undisclosed sum of money - which has been speculated to be up to £12million.
Did Prince Andrew take out a $2 million personal loan?
In November, Bloomberg claimed to have found evidence that Andrew took out a £1.5 million ($2 million) personal loan that was subsequently paid off by companies connected to a multimillionaire Conservative donor. A spokesperson for the Duke of York declined to comment to Bloomberg about the transactions at the time.
Who is Prince Andrew's accuser Virginia Giuffre?
Queen Elizabeth II's second son agreed on Tuesday to settle the civil suit brought by Virginia Giuffre, who says she was forced to have sex with Andrew while a 17-year-old trafficking victim of his friend Epstein. Prince Andrew has always denied the allegations.
What does Prince Andrew get out of the Virginia Roberts settlement?
It is a landmark event that no British monarch has ever reached before and could well have been overshadowed by a civil trial involving sexual assault claims against Prince Andrew.
What is a settlement?
The settlement means that the case will now be dismissed and a financial sum will be paid.
SUPPORTING VICTIMS
And he vowed to “demonstrate” his remorse by “supporting the fight against the evils of sex trafficking, and by supporting its victims”.
ROYAL TALE OF TURMOIL
1999: PRINCE Andrew is introduced to billionaire financier Jeffrey Epstein by Ghislaine Maxwell. Photo evidence in Maxwell's December 2021 trial showed Epstein and Maxwell staying at Balmoral.
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How much will the settlement be?
The exact number has not been made public, and experts have said there’s a chance it never will.
Where does Prince Andrew get his money?
Royal finances tend to be fairly convoluted and it’s often difficult to pinpoint the exact source of funds.
So where will the settlement money come from?
Prince Andrew owns some properties that could be used to foot at least some of the bill.
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