Prince Andrew dealt fresh warning as expert calls for MPs to get involved

By Jasmine Carey, Royal Reporter

Prince Andrew still lives at Royal Lodge in Windsor (Image: Max Mumby/Indigo/Getty Images)

Prince Andrew has been dealt a fresh warning by a royal expert who believes the Duke of York should be the subject of a parliamentary review to look at where his finances come from.

A new documentary released on Channel Five in January, called Prince Andrew: Where Did All the Money Go, has raised more questions than ever about the duke, 64, and his money, especially as he has received no public funding since stepping back from royal duties in 2019.

Royal expert and author Andrew Lownie now wants transparency regarding royal finances, especially surrounding the King’s brother.

Lownie, author of a forthcoming tell-all book about Prince Andrew, has taken to social media and voiced his desire for a "parliamentary investigation" of Andrew's finances to be held, along with a look into the wallets of other members of the Royal Family.

The expert wrote on X: “I don't think Andrew can have it both ways - not Buckingham Palace's problem yet still afforded the exemptions given to the Royal Family.

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"This makes the case for a parliamentary investigation into his finances - and other members of the Royal Family - and a royal register all the more important. Time for MPs and Government to bite the bullet."

Since taking part in a disastrous interview with Newsnight in 2019 about his controversial friendship with convicted paedophile Jeffrey Epstein, Andrew stepped back from royal duty and has not benefited from any public funding. He has repeatedly denied any wrongdoing.

However, the prince - who lives in a royal residence in Windsor - has come under scrutiny time and time again since, especially after being accused of sexual assault by Virginia Giuffre, which he vehemently denied.

Andrew has been supported by ex wife Sarah Ferguson after facing a number of criticisms (Image: Max Mumby/Indigo/Getty Images)

The duke, who lives with his ex wife Sarah Ferguson, was also hit with criticism last year after it emerged he had been friends with an alleged Chinese spy.

More recently, Andrew has found himself in trouble again after emails have emerged that show Andrew in contact with Epstein in 2011 - a year after he claimed their friendship had ended. The duke reportedly emailed Epstein: “Keep in close touch, and we'll play some more soon!!!!"

The calls for parliamentary action come after it was revealed that Andrew could make millions as a result of a new deal struck up by the duke. As reported by The Mirror, the duke will reportedly work with the Dutch company Startupbootcamp, where he is expected to share valuable contacts that he made at his Pitch@Palace project which connected entrepreneurs and investors.

Lownie said this new work deal should have “transparency” as the contacts Andrew will share are those he made when he was still a working royal.