Prince Albert II of Monaco, a tiny country renowned for its casinos, grand prix, and status as a tax haven, is facing scrutiny for allegedly favouring his nephews’ business interests. A yearlong investigation by Bloomberg revealed that his nephews’ construction company secured state contracts worth over $60 million. Furthermore, Prince Albert II allegedly helped quash a lawsuit from a competing developer over an apartment building his nephews aimed to develop near the Casino de Monte-Carlo. Government offices have been raided by the police, but the prince and his family deny any wrongdoing. Monaco remains one of the few countries where power is still centered in the palace. This has raised concerns among European officials, who fear that the wealthy nation “continues to serve as a back door to Western Europe for financial criminals,” as stated by Bloomberg.
Tag: royal family
The Crown – Great Entertainment but Hard Watch at Times
I have found myself watching a bit of the crown recently.
I have learnt a lot about historical events from watching the show and now at least I understand a little bit more about their backgrounds, family situations and potential upbringings.
The Crown is a great watch – but it must be extremely difficult to watch if you are a part of that family as they are depicting your family situations and personal challenges.
Great entertainment and sometimes an extremely hard watch (family tragedy, bulling and lies).