“Prince Andrew under investigation for company alias Scotland Yard is investigating Prince Andrew’s use of the alias “Andrew Inverness” when registering companies. His investment company Urramoor Limited has filed for liquidation after years of losses.”, — write on: unn.ua
Daily Mail writes, reports UNN.
Details
Graham Smith, chairman of the anti-monarchy organization Republic, lodged a complaint with Scotland Yard, saying the prince had provided false information in documents to the Companies House registry. The Met Police are currently reviewing the report to determine whether further action is required.
Graham Smith said Prince Andrew “has to hold himself to the highest standards”, adding that “the royals seem to think they are allowed to do anything”. Andrew used this alias to register four companies at Companies House.
The moniker comes from one of his titles, Earl of Inverness, bestowed upon him by Queen Elizabeth II in 1986 when he married Sarah Ferguson.
Smith stated:
Filing false information at Companies House may seem like a small thing, but there are serious problems with fraud in the UK. Although fraud is not criminalized in this case, Andrew still has to meet the highest standards
Closing the investment company
On Sunday, it became known that the company that managed Andrew’s private investments has ceased operations. Urramoor Limited, which the prince controlled, filed for liquidation last week.
It comes a year after the company was rescued by an anonymous donor, providing £210,000 in non-refundable shares in December 2023. Prior to that, Urramoor had a £208,000 loss.
The investment fund was set up by Andrew in 2013 under the name HRH Andrew Inverness, a year and a half after he was stripped of his role as trade envoy over his links to Jeffrey Epstein. However, the company did not make a profit for the nine years of reporting.
The decision to liquidate Urramoor was signed by company director Arthur Lancaster on January 3.
Problems with Pitch@Palace
Amid these developments, it was also revealed that more than £230,000 had been withdrawn from the Pitch@Palace initiative, which was supported by Prince Andrew. For the financial year to 31 March 2024, the company’s funds have halved from £454,979 to £220,990.
The reasons for using these funds remain unknown. The link to the spy scandal There were also concerns about the activities of Pitch@Palace (an initiative founded by Prince Andrew in 2014 that aims to support start-ups and entrepreneurs – ed.), after its former head in China, Yang Tengbo, was accused of connections with Chinese special services.
Yang, described as a “close confidante” of Andrew, is suspected of collaborating with China’s United Front Division (UFWD), an overseas cultural influence body. He was stopped on entry to the UK in 2021 and had his residence permit revoked in 2023 by Home Secretary Suella Braverman, saying it was in the “public interest”.
Young himself denies the accusations, calling them “baseless” and saying that he has become “a victim of a changing political climate.”
We will remind
Britain’s Prince Andrew had to spend Christmas away from his family because of the Chinese spy scandal.