Prince Is Risking Conflict of Interest, Mps Warn Charles's Role in Managing Duchy Comes Under Attack

The HeraldJuly 28, 2005

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Summary


THE Prince of Wales's involvement in the management of his multi- million pound Duchy of Cornwall estate, of which he is a beneficiary, has created a potential conflict of interest, MPs will warn today.

An investigation into royal accounts recommended that the prince should have no direct involvement in the management of the estate.

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Extract


Prince Is Risking Conflict of Interest, Mps Warn Charles's Role in Managing Duchy Comes Under Attack

Edward Leigh, the Conservative chairman of the public accounts committee that carried out the inquiry, said: "The beneficiary of a private trust fund would not normally have a hand in running...

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