Andrew ‘loaned £12m’ by Queen, Phillip and Charles to repay Virginia Giuffre
The former prince is yet to pay anything back from the whopping loan he allegedly borrowed from his royal family, reportedly hoping instead to raise the money by selling his posh Swiss ski chalet
The infamous photo of then-Prince Andrew with Virginia Giuffre and Ghislaine Maxwell (Image: US District Court – Southern Dis)
Disgraced Andrew Mountbatten-Windsor allegedly borrowed a staggering £12million from the Queen, Prince Philip and then-Prince Charles to pay off sex accuser Virginia Giuffre
The late Queen is said to have coughed up £7m towards the bombshell 2022 settlement, with another £3m coming from Prince Philip’s estate just a year after his death. Around £1.5m was paid by his brother, with other royals also chipping in to halt Ms Giuffre’s sexual abuse case.
A source has claimed that Andrew has yet to pay a penny back. His plan to raise cash by flogging his luxury Swiss ski chalet ended in humiliation after he reportedly made little from the sale.
Insiders had suggested Andrew would use the proceeds from offloading the £19m Verbier bolthole to repay the £12m he used to silence Virginia. But the plush property was weighed down with heavy mortgage debt and left him hardly anything.
The source also told The Sun: “As far as anyone knows he still has not repaid a single penny of the millions he borrowed. The money from the Royal Family bought her silence but denied Virginia her day in court and the chance to openly challenge his account of what happened.”
Virginia claimed she was trafficked to have sex with Andrew three times by his paedophile pal Jeffrey Epstein, the first time when she was just 17.
Supporters point to the photo of Andrew with his arm around her at the London home of Epstein’s associate Ghislaine Maxwell – now serving 20 years behind bars for sex trafficking – as backing her allegations.
Andrew has always denied any wrongdoing but paid Virginia a reported £12million out-of-court settlement. She tragically took her own life last April at the age of 41.
The payout was made in March 2022, reportedly after Charles and other senior royals urged him to settle, ensuring he would never have to face Virginia in a US court showdown. Palace insiders feared a repeat of his catastrophic 2019 Newsnight interview, where he denied sexual assault allegations by claiming he was at a Pizza Express in Woking.
The Windsors agreed to bankroll the settlement in the belief it would draw a line under the scandal ahead of the Platinum Jubilee in February 2022. The source said the Royal Family had decided to “take a little from here and a little from there”.
Another source told the outlet that Andrew had “lied to his own family about the extent of his relationship with Jeffrey Epstein” and said they ultimately bankrolled his pay-off to accuser Virginia Giuffre.
The insider claimed the royals “bought his lies” and helped him try to make the problem disappear. The late Queen was said to have been left heartbroken by the scandal, but unable to bring herself to banish Andrew because he was still her “beloved son”.
According to the source, she believed it would be down to his brother Charles to deal with the fallout once she was gone, suggesting it merely pushed the crisis further down the road.
The source added that “people will be shocked” so much of the money came from Prince Philip’s estate, just a year after his death, saying: “You can’t imagine that the Duke of Edinburgh ever would have expected that his savings would end up being spent on hush money.”
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