News
Prince Charles’s charities investigated over controversial donation from Russian banker
13 Sep 2021

Prince Charles has become embroiled in a fresh donations scandal, after it emerged a Russian businessman previously convicted of money laundering tried to donate half a million pounds to his charities.

The heir to the throne wrote a fulsome thank you letter to Dmitry Leus last year after the 51-year-old banker donated £535,000 to The Prince’s Foundation and offered to meet him in person once the pandemic lockdown was over.

However, the ethics committee of the foundation later concluded they could not accept the money once they discovered Mr Leus had been convicted of money laundering in his native Russia, although the conviction was later overturned.

But rather than return the six-figure donation, it appears to have been diverted elsewhere, with the deputy executive director of The Prince’s Foundation, Chris Martin, telling Mr Leus it had been passed on to another of Prince Charles’s charities, Children & the Arts, The Sunday Times has reported.

This organisation has denied it ever received the cash and has said it is in the process of being wound up instead.

By Tim Wyatt, The Independent, 12 September 2021

Read more at The Independent

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