Prince Andrew held investments in shell company set up to keep holdings secret

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Prince was among at least five members of royal family who used Bank of England Nominees – set up in 1970s to prevent disclosure of queen’s investments

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Transparency rules designed to expose potential conflicts of interest require government ministers and members of parliament to publicly declareHowever, the royals are not subject to similar rules. There is no suggestion Andrew used commercial information improperly, but the concealment of his investments raises questions about government oversight of potential conflicts of interest.enabled public scrutiny of the queen’s finances.

 

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