The Prague Post - Disgraced ex-prince Andrew sublet royal cottages, UK auditors reveal

EUR -
AED 4.114065
AFN 72.259582
ALL 90.790621
AMD 404.158249
ANG 2.004979
AOA 1027.255243
ARS 1706.277137
AUD 1.605841
AWG 2.019222
AZN 1.908846
BAM 1.955598
BBD 2.254667
BDT 138.445698
BGN 1.95798
BHD 0.422456
BIF 3355.553362
BMD 1.120234
BND 1.430852
BOB 13.181638
BRL 5.562192
BSD 1.119484
BTN 106.219027
BWP 15.421407
BYN 3.28696
BYR 21956.591821
BZD 2.251367
CAD 1.568609
CDF 2594.46299
CHF 0.92428
CLF 0.028078
CLP 1105.065844
CNY 7.480981
CNH 7.472639
COP 3552.732992
CRC 510.847228
CUC 1.120234
CUP 26.866225
CVE 110.25361
CZK 24.330933
DJF 199.339408
DKK 7.473811
DOP 68.662907
DZD 150.487454
EGP 61.701626
ERN 16.803514
ETB 182.080891
FJD 2.506193
FKP 0.837532
GBP 0.83759
GEL 2.901844
GGP 0.837532
GHS 12.979659
GIP 0.837532
GMD 82.897735
GNF 9906.976581
GTQ 8.557116
GYD 234.45578
HKD 8.78527
HNL 30.053895
HRK 7.537165
HTG 146.714844
HUF 366.731529
IDR 20269.350965
ILS 3.478944
IMP 0.837532
INR 106.361208
IQD 1697.024692
IRR 2052689.282929
ISK 136.422562
JEP 0.837532
JMD 177.661647
JOD 0.79429
JPY 175.72038
KES 145.354984
KGS 97.962924
KHR 4573.527541
KMF 492.347215
KPW 1008.210806
KRW 1482.658115
KWD 0.348046
KYD 0.932904
KZT 508.267495
LAK 25190.397759
LBP 100245.344367
LKR 371.711601
LRD 190.860284
LSL 18.546684
LTL 3.307761
LVL 0.677619
LYD 7.169259
MAD 10.995664
MDL 20.205913
MGA 5062.477032
MKD 61.598637
MMK 2352.70217
MNT 4032.758987
MOP 9.043866
MRU 44.738378
MUR 52.830672
MVR 17.319246
MWK 1941.099479
MXN 20.912986
MYR 4.576498
MZN 71.587148
NAD 18.546684
NGN 1492.219693
NIO 41.195744
NOK 10.482469
NPR 169.950444
NZD 1.961367
OMR 0.429016
PAB 1.119384
PEN 3.844503
PGK 5.013482
PHP 71.267107
PKR 309.775499
PLN 4.40251
PYG 6474.331183
QAR 4.080578
RON 5.3545
RSD 117.487863
RUB 91.430555
RWF 1653.929144
SAR 4.204519
SBD 9.045421
SCR 15.663382
SDG 673.825035
SEK 11.125947
SGD 1.430432
SHP 0.837151
SLE 25.709792
SLL 23490.757589
SOS 639.733914
SRD 42.176265
STD 23186.587781
STN 24.497469
SVC 9.794988
SYP 14565.285711
SZL 18.546084
THB 37.830725
TJS 10.315634
TMT 3.932022
TND 3.342755
TOP 2.697255
TRY 55.679905
TTD 7.606214
TWD 36.503734
TZS 2963.693842
UAH 50.679165
UGX 4931.490563
USD 1.120234
UYU 44.895362
UZS 13396.616091
VES 985.569686
VND 28949.654292
VUV 133.391269
WST 3.100456
XAF 655.957
XAG 0.020782
XAU 0.000280356799
XCD 3.02749
XCG 2.017492
XDR 0.792064
XOF 655.957
XPF 119.331742
YER 264.491333
ZAR 18.566461
ZMK 10083.456786
ZMW 22.506675
ZWL 360.71498
SSP 6436.51929
MXV 2.360302
  • BCE

    -0.4100

    20.4

    -2.01%

  • NGG

    -0.7800

    81.86

    -0.95%

  • BCC

    -0.5500

    77.74

    -0.71%

  • RIO

    -0.7200

    83.42

    -0.86%

  • GSK

    -0.4600

    50.75

    -0.91%

  • JRI

    0.0700

    10.75

    +0.65%

  • BTI

    -0.9900

    59.48

    -1.66%

  • CMSC

    0.0000

    19.6

    0%

  • CMSD

    0.1800

    19.78

    +0.91%

  • RBGPF

    2.6200

    72.77

    +3.6%

  • BP

    1.2700

    51.32

    +2.47%

  • RYCEF

    -1.7500

    15.26

    -11.47%

  • VOD

    -0.3800

    15.74

    -2.41%

  • AZN

    -1.0800

    171.49

    -0.63%

  • RELX

    -0.0800

    40.54

    -0.2%

Disgraced ex-prince Andrew sublet royal cottages, UK auditors reveal
Disgraced ex-prince Andrew sublet royal cottages, UK auditors reveal / Photo: LEON NEAL - AFP/File

Disgraced ex-prince Andrew sublet royal cottages, UK auditors reveal

Britain's disgraced former prince Andrew earned a private income from subletting cottages while paying a symbolic "peppercorn rent" for a mansion for over two decades, government auditors revealed Friday.

Text size:

The report into the royal family's residences was sparked by controversy over Andrew's living arrangements following his banishment from public life for his ties to late US sex offender Jeffrey Epstein, and shines new light on the royal family's finances.

King Charles III's younger brother, now known as Andrew Mountbatten-Windsor after being stripped of his titles last year, lived until recently in the Royal Lodge on the royal family's Windsor estate near London.

While living rent-free in a 30-room house, Andrew pocketed proceeds from subletting three cottages on its large grounds, a report on royal property income by the National Audit Office (NAO) revealed.

"We do not know what rent was charged," the auditors said, adding that the cottages have been vacant since April.

Andrew's daughters Beatrice and Eugenie have apartments at royal palaces with rent paid from the privy purse -- King Charles's private income -- despite not being working royals, the report also revealed.

"The royal family is yet again taking the public for a complete ride," said Norman Baker, a lawmaker for the centrist Liberal Democrats and long-time critic of royal finances.

The report was released as British media carried a photo of Andrew with what appeared to be large bruise on his face. They reported that it was not a cause for concern.

Parliament's Public Accounts Committee is set to launch an inquiry this year into royal properties, as debate rages about the monarchy's opaque living arrangements.

Margaret Hodge, a Labour peer who chaired the committee between 2010 and 2015, told the BBC it was "shocking" the NAO did not know how much money Andrew made from the sublets.

The Times newspaper reported that some of Andrew's tenants were long-serving staff.

Andrew, the second son of the late Queen Elizabeth II was briefly arrested in February amid new revelations stemming from his friendship with Epstein, who died in a New York prison in 2019 while awaiting trial on sex-trafficking charges.

- 'Premium' -

Officers are probing allegations that Andrew shared sensitive information with Epstein, a former high-flying financier, during the former prince's time as UK trade envoy between 2001 and 2011.

Police searched the Royal Lodge in February as part of the probe into his suspected misconduct in public office. He has not been charged.

Andrew has since moved to the king's private Sandringham estate in eastern England.

He paid a £1 million ($1.4 million) "premium" to lease the Royal Lodge, agreeing to spend £7.5 mn on improvements to secure a 75-year-lease on a peppercorn rent.

The lease allowed Andrew to claim compensation for ending it early.

By moving out this year, he could claim over £300,000 but is expected to receive nothing because of needed repairs, according to the Crown Estate.

This self-funding public corporation that manages royal properties is supposed to follow finance ministry guidelines on effective use of public funds.

Charles has been undertaking an overhaul of the royal family's finances since his mother's death in 2022.

His heir, Prince William, the Prince of Wales, pays over £300,000 annual rent for a house in Windsor, Forest Lodge, the NAO said.

A Buckingham Palace spokesperson said the report was "in line with the royal household's commitment to transparency".

"As the report notes, arrangements for properties managed by the royal household vary based on a number of factors to ensure residences are filled appropriately, depending on their location, tenants and purpose," they added.

Members of the royal family are due to attend the wedding of Peter Phillips, the son of Charles's sister Princess Anne, to nurse Harriet Sperling at a private ceremony on Saturday.

B.Svoboda--TPP