King Charles was aware of the investment fund in which his younger Prince Andrew and Yang Tengbo, an alleged Chinese spy, were involved, said a report citing new court documents.
According to The Guardian, it was revealed in a witness statement provided to an immigration tribunal by Dominic Hampshire, a senior adviser to Prince Andrew.
The report said that Hampshire stated that he and Prince Andrew were twice smuggled into Windsor Castle for clandestine meetings with the king during which the Eurasia Fund was discussed.
According to the Guardian, the fund, which aimed to plough Chinese investment into renewable energy in Africa, would have provided an income for the Duke following his public fall from grace.
Citing sources, the report said that the fund failed to get off the ground and never traded, but it appears to have been linked to an entity called Eurasia Global Partners, incorporated as a management consultancy film in November 2022.
Andrew faced intense media scrutiny in December last year after revelations that a close Chinese business associate of the scandal-hit younger brother of King Charles was thought by the British government to be a Chinese spy.
In a court ruling, it was disclosed that the businessman Yang Tengbo had been banned from Britain on national security grounds because the authorities suspected he was working clandestinely for Beijing to forge close contacts with prominent British figures.
