The loan’s repayment was not due until March 2018 but was repaid after only 11 days through a transfer of £1,503,000 from a Guernsey-registered company, which was controlled by Mr Rowland’s family, a former employee told Bloomberg.
NevilleSouthall Word is he spent it on Chinese takeaways. Andy's a bit partial to a Sum Wun Yung.
Is that a taxable gift
Do he have to pay taxes for the gift
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Prince Andrew royal sleaze fears as tax haven banker pays Duke's £1.5m loanAs it's revealed a Tory donor paid off Prince Andrew’s £1.5million loan from a bank owner by the donor's family, there are calls for a probe into the royal’s relationship with the tycoon
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RICHARD KAY: Is this how Prince Andrew funds high life?RICHARD KAY: Multimillionaire David Rowland (left) paid off a £1.5 million loan for Prince Andrew (right). The Duke of York had taken out the with his Rowland's bank, Banque Havilland. Some journalists are so angry. You need a vacation. Who is that?
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