Prince Andrew partners with banker Harry Keogh accused of sexual harassment
Britain’s Prince Andrew — who remains scarred by his ties to late pedophile Jeffrey Epstein — has reportedly gone into business with a banker once accused of sexually harassing staff.
Andrew — who was dumped from royal duties over his links to
Epstein — set up a company with Harry Keogh to handle his family investments,
according to the Times of London.
Keogh until 2018 had been a lead banker who looked after the
“most influential clients” at Coutts, the almost 330-year-old British bank used
by Queen Elizabeth II and other members of the monarchy.
He quit soon after the Wall Street Journal revealed a
damning investigation into his leadership at the bank — including allegations
that he touched a female staffer’s groin and later asked her to touch his, the
paper had said.
He was also accused of openly bragging about his sexual
exploits while creating a heavy-drinking “boys club” where there was “casual
racism and sexism,” with several female staff quitting because of it, according
to the initial report.
The bank’s CEO had earlier recommended Keogh be fired after
a hushed-up 2015 investigation into complaints about his behavior, the WSJ said
at the time.
Instead, the bank disciplined Keogh by withholding a bonus,
giving him a written warning and assigning a coach, but allowing him to
continue interacting with royalty and celebrity clients, the WSJ said.
Keogh told the UK Times that he could not comment on the
allegations because of a non-disclosure agreement. A friend said he has always
denied the allegations and sued the bank for unfair dismissal.
The Duke of York picked Keogh to help run his new venture
because he is a “friend and adviser” who has been his “private banker for some
20 years,” a friend of the royal told the UK Times.
The business, named Lincelles after the 18th-century battle
against the French in which the British were commanded by the then-Duke of
York, is understood to be a vehicle for Andrew’s family investments — and was
established to support his family, the paper said.
Andrew, 61, felt comfortable going into business with Keogh
because the allegations against the banker “don’t appear to have been subject
to any investigation by law enforcement or independent third parties and nor
have they been tested by due process in a court of law,” the friend said.
Andrew controls 75 percent of Lincelles while Keogh is
listed as a fellow controller of the venture, set up under the Urramoor Trust.
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