---Advertisement---

King Charles III Under Scrutiny: Allegations Of Profiting From Deceased’s Estates Surface

King Charles III allegedly profited from the demise of thousands of individuals in the north-west of England, tapping into their life savings after their passing.

Edited By : Malika Sahni | Updated: Nov 24, 2023 15:06 IST
Share :

The emergence of controversial news surrounds King Charles III, who ascended to the throne of Britain following the demise of Queen Elizabeth II. An investigation reported by The Guardian sheds light on King Charles III allegedly profiting from the demise of thousands of individuals in the north-west of England, tapping into their life savings after their passing. This profit stems from contentious land and property dealings, amassing millions of pounds in recent years through a system inherited from the feudal era.

Published on Thursday, November 23, The Guardian’s report focuses on a property known as Bona Vacantia, predominantly owned by individuals who died intestate or without direct heirs. Over the past decade, this estate has accrued over £60 million.

The report highlights that the assets inherited from the deceased are clandestinely employed in the refurbishment of a vast commercial real estate empire under the management of the king’s inherited authority. This property, designated as the private possession of the British Sovereign, remains the subject of considerable dispute. Allegedly, immense profits have been garnered from these lands and properties, with only a minute fraction being purportedly allocated to charitable causes.

According to The Guardian’s investigation, a meager proportion of this amassed revenue is reportedly allocated to charitable donations. Internal Duchy documents were scrutinized, revealing cases where the life savings of individuals were seemingly utilized to bolster the personal wealth of the king, as per The Guardian’s report.

Also Read: News24’S Fact Check: Did Crowd Chants Hanuman Chalisa During World Cup Final? Here Is The Whole Truth

First published on: Nov 24, 2023 03:06 PM IST

Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

Related Story