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    Home > Headlines > Prince Andrew allegations should be appropriately examined, royal source says
    Headlines

    Prince Andrew allegations should be appropriately examined, royal source says

    Published by Global Banking & Finance Review®

    Posted on October 20, 2025

    2 min read

    Last updated: January 21, 2026

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    Tags:financial crisisinvestmentfinancial managementcorporate governancefinancial institutions

    Quick Summary

    A royal source suggests investigating new allegations against Prince Andrew, detailed in Virginia Giuffre's memoir, amid his decision to step back from royal duties.

    Table of Contents

    • Allegations and Royal Response
    • Details of the Allegations
    • Government and Public Reactions
    • Impact on Prince Andrew's Reputation

    Allegations Against Prince Andrew Demand Thorough Investigation

    Allegations and Royal Response

    LONDON (Reuters) -Allegations that Prince Andrew sought help from a police officer to discredit Virginia Giuffre, the woman who accused him of sexually abusing her as a teenager, should be appropriately examined, a royal source said on Monday.

    Andrew, the younger brother of King Charles, said on Friday he would no longer use his Duke of York title and other honours, following years of criticism about his behaviour and connections to the late U.S. sex offender Jeffrey Epstein.

    While Andrew, who remains a prince, has consistently denied any wrongdoing, he said the accusations against him were becoming a distraction for the royal family.

    Details of the Allegations

    On Sunday, London's police force said it was "actively looking" into the allegations in a Mail on Sunday newspaper report that Andrew had asked one of his personal protection officers in 2011 to dig up information about Giuffre.

    A Buckingham Palace source said those allegations should be "examined in an appropriate way".

    GIUFFRE MEMOIR RELEASED THIS WEEK

    Government and Public Reactions

    A posthumous memoir by Giuffre, one of Epstein's most prominent accusers, is due to be released this week. It contains new allegations against Prince Andrew who settled a civil case with her in 2022.

    In "Nobody's Girl", obtained by the BBC ahead of publication, Giuffre wrote she feared she might "die a sex slave" under Epstein's control and describes three alleged sexual encounters with Andrew, including one involving the late financier and several other young women. 

    The memoir also alleges Andrew correctly guessed Giuffre's age - 17 - when they first met, and includes details of encounters in London, New York, and on Epstein's private island.

    Impact on Prince Andrew's Reputation

    A court ruling last year, which showed the British government believed one of Andrew's close business associates was believed to be a Chinese spy, further tarnished his reputation.

    British education minister Bridget Phillipson said on Monday the government believed it was the "right course of action" for Andrew to give up his titles.

    When asked about calls for the removal of Andrew's prince title, Phillipson said it was not a matter for the government but one for the royal family to decide.

    (Reporting by Sam Tabahriti; Editing by Hugh Lawson and Ros Russell)

    Key Takeaways

    • •Prince Andrew faces new allegations related to Virginia Giuffre.
    • •Royal source calls for a thorough investigation.
    • •Giuffre's memoir reveals new claims against Andrew.
    • •Andrew has stepped back from royal duties and titles.
    • •The British government supports Andrew's decision to relinquish titles.

    Frequently Asked Questions about Prince Andrew allegations should be appropriately examined, royal source says

    1What is a financial crisis?

    A financial crisis is a situation where the value of financial institutions or assets drops significantly, leading to widespread economic instability and loss of confidence in the financial system.

    2What is corporate governance?

    Corporate governance refers to the systems and processes that direct and control a company, focusing on the relationships among stakeholders and the goals for which the corporation is governed.

    3What is an investment?

    An investment is an asset or item acquired with the goal of generating income or appreciation. It can include stocks, bonds, real estate, or other financial instruments.

    4What are financial institutions?

    Financial institutions are organizations that provide financial services, such as banks, credit unions, insurance companies, and investment firms, facilitating the flow of money in the economy.

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