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Current Affairs

Cash for honours scandal

Date: 22 September 2021 Tags: Miscellaneous

Issue

A new investigation has revealed that a rich Saudi tycoon received Knighthood for donating to a charity, The Prince’s Foundation.

 

Background

A similar investigation found out that a Russian Banker was promised a meeting with Prince Charles in return for his donations to the royal charities. 

 

Details

  • Scotland’s charity regulator has supposedly launched an investigation into the scandal. The Prince’s charity has rejected the allegations that the donations were not returned to the banker.

  • The top employee of the foundation and Charles’ close aide Michael Fawcett has resigned from his position to ensure free investigation into the allegations.

 

Revelations

  • Saudi businessman Mahfouz Marei Mubarak bin Mahfouz had donated over £1.5 million to the royal charity for getting an honour.

  • The investigation published letters sent by Fawcett to Mahfouz for donating generously for the renovation of the Dumfries House, a Palladian mansion in Scotland.

  • The letter also talked about securing citizenship and knighthood for Mahfouz. His Honorary CBE [Commander of the British Empire] was said to be upgraded to that of KBE [Knight Commander of the British Empire].

  • Mahfouz had received a CBE in 2016 at Buckingham Palace by Prince Charles. The British honours are given to individuals who have made meaningful contributions in different areas like education, arts, social welfare, and governance and so on.

 

Russian banker case

  • Russian banker, Dmitry Leus, had made a donation of over £500,000 in cash to The Prince’s Foundation. He got a personal letter from Prince Charles.

  • Fawcett had brokered a meeting between the banker and Prince Charles using services of a middleman, William Bortrick.

 

The controversial actions

  • The banker made donations together totaling £500,000 to The Prince’s Foundation. After the ethics committee found out that he was charged in money laundering, the donation was rejected. However, it has not been returned.

  • The prince has denied his role. He has said he has not met the alleged middle-men even though there exists proof of their meetings.