What next for Prince Andrew after sex abuse case settlement?

Prince Andrew has reportedly agreed to pay millions of pounds to settle the civil case brought against him in the US by Virginia Roberts Giuffre.

According to The Mirror, the Duke of York has avoided a “potentially explosive civil trial” with an out-of-court deal totalling £12m, including a “substantial donation” – thought to be about £2m – to Giuffre‘s charity Speak Out, Act, Reclaim, which supports sex abuse survivors.

In a federal court filing in New York this week, Andrew recognised that Giuffre “suffered both as an established victim of abuse and as a result of unfair public attacks”. He made no apology nor admission of liability, and has repeatedly denied allegations that he sexually abused Giuffre on three occasions when she was a teenager.

Public or private purse?

Questions are now being raised about how Andrew is funding the “substantial” payout. A statement included with the letter filed this week to US judge Lewis Kaplan, who has been overseeing the civil sex claim, stated that the total settlement sum was “not being disclosed”.

But amid reports that the deal exceeds £10m, campaigners are demanding to know whether the money will be coming from the public or private purse.

The Duke of York’s finances are “famously opaque”, said the i news site. He receives a £20,000 Royal Navy pension and a £250,000 annual stipend from the Queen’s Duchy of Lancaster income, but his lifestyle has exceeded his expected income over the years.

The Times reported last year that a Conservative Party donor had cleared a £1.5m debt that Andrew owed to a private bank in Luxembourg. Leaked documents showed that in 2015, the royal was “borrowing an average of £125,000 every three months from a credit facility” offered by Banque Havilland, owned by Tory donor David Rowland, who was said to have then cleared the debt “in its entirety”. 

“‘Mysterious’ and ‘murky’ are words often used to describe the Duke of York’s financial affairs,” the paper added.

In recent months, Andrew has been completing the sale of his only known asset, a seven-bedroom chalet in the Swiss village of Verbier that he bought with his ex-wife Sarah Ferguson in 2014. The duke and duchess put the property on the market after being sued by the previous owner, Isabelle de Rouvre, “a French socialite who alleged that they owed her £6.7m from the £16.6m sale”, said The Telegraph.

Article source: https://www.theweek.co.uk/news/955776/what-next-for-prince-andrew-abuse-settlement