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Prince Charles invested millions in offshore companies, according to the BBC

Prince Charles of England invested through the Duchy of Cornwall 3.9 million dollars (3.35 million euros) in four funds registered in the Cayman Islands in 2007, according to The British broadcaster BBC revealed today.

London, Nov 7 (EFE) .- Prince Charles of England invested, through the Duchy of Cornwall, 3.9 million dollars (3.35 million euros) in four funds registered in the Islands. Cayman in 2007, according to revealed the British chain BBC.

The public chain indicates that the movements were "legal" and there are no signs of tax evasion, while revealing that the heir to the British throne promoted changes in international environmental legislation after buying shares of a company from Bermuda that could benefit from those proposals.

The BBC obtained those details about Prince Carlos from the documents of the international journalistic investigation called "Papeles del Paraíso", which in Spain they have published the television network "La Sexta" and the electronic newspaper "El Confidencial".

According to "The Guardian", Carlos invested one million pounds (1.13 million euros) in the fund Coller International Partners IV-D, in the Cayman Islands.

The newspaper states that the prince "has paid taxes voluntarily on the benefits he receives from that fund every year" in the United Kingdom.

The Duchy of Cornwall, controlled by the eldest son of Queen Elizabeth II, acquired in 2007 shares worth 113,500 dollars (97,610 euros) from the firm Sustainable Forestry Management Ltd.

The firm traded in carbon credits, a market created by international treaties to reduce emissions that cause global warming.

After Acquiring these shares, the heir to the British throne defended changes in the European Union Emission Rights Trading Regime and the Kyoto Protocol that prevented trading with carbon credits related to tropical forests, according to the BBC.

A spokesman for Clarence House, official residence of the Prince of Wales, told the British channel that Carlos "He has certainly never decided to talk about a topic simply because of a company he could have invested in."

"In the case of climate change, your views are fine. known, since it has been warning about the risks of global warming for our environment for more than 30 years, "said the source.

" Carbon markets are just An example (of the causes) that the prince has led since the 1990s and continues to promote today, "said Clarence House spokesman.

When the prince acquired the SFM shares, one of the directors of the firm was the banker and conservationist Hugh van Cutsem, who died in 2013 and which the BBC describes as one of the closest friends of Carlos.

The documents to which the British chain has had access show how in 2007 the firm was campaigning to achieve "changes in the regulations" that regulate the bonds of carbon.

In June 2007, four months after the Duchy of Cornwall executed its investment, Van Cutsem ordered that documents related to that pressure campaign be sent. to the office of Prince Charles, according to the BBC.

In July of that year, the Duke of Cornwall gave a speech in which he criticized the exclusion of carbon credits related to tropical forests of the commercial market and defended the need for a change in that area, while in October launched a campaign to promote these legislative changes.

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