King Charles' Scots charity remains under investigation by industry watchdogs

dailyrecord.co.uk:

Scottish charity watchdogs are vowing to investigate claims of financial irregularity at a foundation set up by King Charles.London’s Met Police has been accused of a whitewash after closing a probe into the reports a billionaire Saudi donor to The Prince’s Foundation was offered help to receive an honour.But we can reveal charities regulator OSCR has not ended its investigation into separate claims that Lord Brownlow, one of the UK’s richest men, bought property from one of the organisation’s subsidiaries while a trustee, without it being declared in accounts.Charities are required to publish information about related-party transactions to make sure any conflicts of interest are managed appropriately.

The OSCR said: “We are aware of the statement issued by the Metropolitan Police regarding allegations of offences under the Honours (Prevention of Abuses) Act 1925 and The Prince’s Foundation, a charity registered in Scotland. “Our separate investigation into other allegations made against this charity is ongoing.

We will publish a report on this when our investigation has concluded.”News that OSCR is refusing to shelve its probe will be of concern to the palace, who will have hoped the Met announcement would have left Charles’s charities in the clear.Brownlow, who was on the board of The Prince’s Foundation between 2013 and 2017, is said to have used his own private company, Havisham Group, to buy property from a firm controlled by the charity both before and during his time as a trustee.Brownlow’s company spent £1.7million on 11 properties in Ayrshire between 2012 and 2017 and during the same period received several contracts from the charity to manage some of its assets, it has been claimed.The charity’s annual