The Scotsman

Prince Charles ‘should register all interests to prevent estate secrecy’

- By ANGUS HOWARTH

The Prince of Wales should register all his interests to prevent secrecy surroundin­g his private estate, a royal financial expert has warned.

Charles is embroiled in the Paradise Papers leak after it was reported that he lobbied for a change to two climate change deals after the Duchy of Cornwall invested in an offshore carbon credit trading company.

David Mcclure, the author of Royal Legacy said the same rules should apply to the Prince as to MPS, who are required to declare financial interests. 0 Prince Charles has been caught up in a tax row

“When Prince Charles makes a variety of speeches on ecological issues, while at the same time he has had a shareholdi­ng in companies, we know nothing about it,” Mr Mcclure said. “Maybe it is totally innocuous...but it would be far better if (the Prince) just registered all his interests. What is he hiding?”

The Duchy of Cornwall which provides Charles with his annual income - paid 113,500 dollars (£58,000) in 2007 for 50 shares in Bermuda-registered Sustainabl­e Forestry Management.

The heir to the throne later lobbied for a change to two climate change deals that would have directly benefited the business, according to reports.

A spokesman for Clarence House denied Charles had spoken out on the two deals to benefit financiall­y.

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