A new investigation has revealed that a charity run by Prince Charles received funds from a controversial Russian offshore company, that was reportedly used to launder money funnelled out of Russia.
The revelation, published in the UK's Express newspaper, was made after an investigation led by the nonprofit Organized Crime and Corruption Reporting Project and the Lithuanian website 15min, obtained details of 1.3 million banking transactions.
The investigation claims that money flowing through the network, dubbed the Troika Laundromat, included cash that can be linked to some of the most notorious frauds.
Money from the network was reportedly sent to the Prince's Charities Foundation between 2009 and 2011 to help restore Dumfries House, a stately home in Ayrshire.
However the prince’s charities have maintained they had subjected donations to due diligence.
In total, it is estimated that A$6.5 billion was sent to Europe and the US from a Russian-operated network of 70 offshore companies with accounts in Lithuania.