Prince Charles To Reportedly Help Pay Andrew’s Multi-million Dollar Sex Abuse Settlement
Prince Charles is reportedly going to fork up the cash to help his younger brother prince Andrew pay off his sex abuse settlement.
According to The Sun, Charles, 73, agreed to pay the majority of Andrew’s settlement with Virginia Roberts Giuffre, the Queen is also allegedly lending some money.
“He has no income or money to repay a bank loan so the family is the only way to guarantee the payment,” a family friend reported The Sun.
RELATED: Prince Andrew and Accuser Virginia Giuffre Settle Sex Abuse Lawsuit
“Once it (money from the chalet) hits his bank account, he can pay back his brother and whoever else has lent him money.”
“But that payment (to Virginia) has to be paid on time. He can’t rely on selling the chalet. Too many things can go wrong and the court won’t wait for property queries.”
As we initially reported, the settlement was reached last month by the Duke of York, 62, and Giuffre, 38, and it is estimated to be around $9 and $12 million.
Andrew is reported to pay back his family when he sells his Switzerland ski chalet for around $22.5 million.
Andrew was accused of being a co-conspirator to Jeffrey Epstein. As we reported, the disgraced Prince Andrew stepped back from public duties in 2019, after a BBC interview blasted his friendship with Jeffrey Epstein.