What’s up guys, it’s Sussan Mourad here
with Clevver News and Prince Harry has been
accused of mishandling $350,000 worth of royal
funds AFTER stepping down as a member of the
royal family.
Now that Prince Harry and Meghan Markle have
stepped down from all royal duties and had
their name stripped of association with the
royal family, there are claims that they allegedly
mismanaged Royal funds after moving out of
the royal palace to the U.S.
According to anti-monarchy group Republic,
whose main goal is to abolish the royal family,
Harry has allegedly appeared to mismanage
some funds after he and Meghan moved to their
new home in May of 2019.
So here’s how this all went down: Around
the time that Harry and Meghan moved across
the world to their new home, they announced
they would be splitting up the Royal Foundation,
which is the charity that Harry founded with
Prince William back in 2009.
The Telegraph reported that the foundation
may face an investigation over the way it
helped Harry and Meghan start their own organizations.
Republic wrote a letter to the U.K. Charity
Commission essentially outing Harry and Meghan,
claiming that the money that was given to
their new charities as they parted ways with
the royal palace was a “clear conflict of
interest.”
While some money allegedly went to Harry’s
own foundation, Sussex Royal, a portion of
the funds also went to Harry’s eco-tourism
business, Travalyst.
Republic took issue with this and reported
Harry for “inappropriate use of more than
$350,000.”
Republic’s statement to the U.K. Charity
Commission read QUOTE, “The Royal Foundation
gave a grant of $183,000 to Sussex Royal and
$183,057 to a non-charitable organization
Travalyst.
In both instances it appears the only rationale
for the decision was the personal relationship
between two patrons, the Duke of Sussex and
the Duke of Cambridge.”
Sussex Royal has since closed its doors after
Queen Elizabeth ruled that Harry and Meghan
were no longer allowed to use their royal
titles.
A source also revealed to Newsweek that QUOTE,
“Travalyst is now operating as an independent
non-profit based in the UK, and all assets
from Sussex Royal will transfer over.”
Chief executive of Republic, Graham Smith,
went on to claim, “The Royal Foundation
has lost almost $345,000 to Prince Harry’s
pet projects.
Harry’s own charity is now closing and he
appears to be taking the charity’s money
with him.
I can’t see how that isn’t a breach of
charity law.
Whatever the legal position this looks unethical
and underhand.
People donate money to a charity expecting
it to be used to fund the charity’s objectives,
not to be given away to support a patron’s
other projects.”
Harry’s team got word of the accusations,
to which they released their own statement
fully denying that he pockets any money his
foundation receives.
According to Harry’s legal team, “Travalyst
(which was founded within Sussex Royal) is
a non-profit organization for which The Duke
receives no commercial or financial gain,
as is the case with all of his charitable
commitments.”
His team added, “The Duke has not, nor has
he ever, had any personal financial interest
in his charitable work.
All of The Duke’s charitable activities
are fully transparent as well as compliant
with Charity Commission guidelines, and moreover
with his own moral compass.”
The team is certain that Harry’s charity
work is not for financial gain whatsoever,
and that Harry has always remained deeply
committed to his charitable work.
They said, “This is his life’s focus,
and his devotion to charity is at the very
core of the principles he lives by, and is
obvious through the impact and success of
his many charitable projects throughout the
UK and beyond.
To this point, it is deeply offensive to today
see false claims made about The Duke of Sussex
and his charitable work.
It is both defamatory and insulting to all
the outstanding organisations and people he
has partnered with.”
A further investigation of the charities is
still up in the air, however, since Harry
and Meghan’s move, his estranged relationship
with Prince William has reportedly improved,
and they’ve been able to keep in touch over
the phone.
Former press secretary for Queen Elizabeth,
Dickie Arbiter, revealed to Us Weekly QUOTE,
“If they’re talking on the phone, well,
that’s a step in the right direction, but
it would be nice if they could actually meet
up.”
Regardless of what the truth actually is,
we may soon find out even more truthbombs
in the upcoming tell-all novel Finding Freedom,
set to drop next month.
For more updates from the royal family, you
can click right over here to watch another
Clevver video.
Then be sure to let me know your thoughts
on Harry’s statement and whether you think
some funds have still been mismanaged down
here in the comments.
I’m your host Sussan Mourad, bye guys!
