The Duke of York, Britain’s Prince Andrew, was able to pay off his debts worth 6.6 million pounds related to a chalet he bought in Switzerland, according to the newspaper “The Guardian”.
Paying off the debt would allow the Duke of York to sell the chalet while he faces mounting legal bills over the sexual assault civil lawsuit brought by Virginia Joffrey against him in New York.
“The war is over, he paid the money,” said Isabelle de Rovere, who sold the property to Prince Andrew in 2014 for £18m.
Andrew and his ex-wife had agreed with the Rover that the Helora chalet in the ski resort of Verbier in the Swiss Alps would be paid in installments, but the homeowner claimed the two failed to make the final payment of 5 million pounds, according to the newspaper.
After defaulting, Rover launched a lawsuit in May 2020 in Switzerland to recover the £5m plus interest owed to it, and Andrew is said to have finally paid late last year.
A source close to Prince Andrew commented on the matter, saying: “I can confirm that the legal case has been halted and that the chalet has been sold, but other than that, there is no comment on the Prince’s financial matters.”
And the newspaper “The Guardian” pointed out, “Prince Andrew is seeking to sell the property to pay the expenses related to the lawsuit filed against him by Virginia Joffrey, which accuses him of sexually assaulting her on three occasions when she was a minor after she was trafficked by the late American billionaire Jeffrey Epstein.”