The Charity Commission has launched an investigation into a Foundation with links to Prince Charles.
The regulator is investigating claims that donations intended for the Prince of Wales’ charitable trust Prince’s Foundation went instead to another charity, the Mahfouz Foundation.
Also being investigating is that “some of these funds were then subsequently transferred elsewhere”, according to the Commission.
The regulator’s concerns around the trustees’ governance and financial controls at the Mahfouz Foundation have this month escalated into a statutory inquiry, it has confirmed.
Being looked at are whether donations received by the Mahfouz Foundation were intended for the charity and have been used in accordance with donors’ intentions.
The Commission will also decide whether donations should be returned to donors or “otherwise applied for charitable purposes”.
Whether the trustees have carried out their duties in line with charity law will also be looked at.
The Mahrouz Foundation’s charitable aims include the promotion of the history and culture of the Middle East.
Prince’s Foundation is regulated by the Scottish Charity Regulator (OSCR). During the summer it confirmed it is launching an investigation into the Prince’s Foundation amid allegations that donations had been used to influence Prince Charles.
Prince’s Foundation chair Douglas Connell stepped down in the summer.
Its chief executive, former royal valet Michael Fawcett, quit this month, after temporarily stepping down while the charity investigated the allegations.
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