An investigation by the English newspaper "The Guardian" accuses King Charles III of profiting from the deaths of thousands of people in the Duchy of Lancaster, in the north west of England, whose assets were to be secretly used to strengthen a managed property empire. real and commercial from his inheritance.
All this derives from an ancient custom based on a medieval rule still in force, called "bona vacantia". According to this rule, the sovereign's income also includes the assets of those who die in the Duchy without leaving a will, or without heirs.
The Duchy of Lancaster, a controversial land and property holding that generates huge profits for King Charles III, has thus collected tens of millions of pounds in recent years under an antiquated system dating back to feudal times. Financial assets known as "bona vacantia", owned by people who have died without heirs or known relatives, are collected by the duchy.
Over the past 10 years he has raised over £60m in funding. For some time it has been requested that the proceeds of the "bona vacantia" be donated to charity, but these are mainly used to renovate the real estate of buildings belonging to the king, which in some cases are rented out and can generate more income. large, after restoration. A confirmation which, according to "The Guardian", came through the self-admission of some employees, who admitted that at Dukat they considered this money similar to a "slush fund" to be used "secretly".
Buckingham Palace declined to comment. A spokesman for the Duchy of Lancaster revealed that, following his mother's death, the king approved a continuation of a policy of using that money to "restore and repair suitable buildings with a view to protecting and preserving them for future generations". Charles received £26 million from the Duchy.
Until the reign of George III, with the income of the Duchy of Lancaster and the estates of the Crown Estate, the king had to pay all the expenses of the state, including those of wars. It was then decided, in 1760, that the income from the royal estates would pass into the hands of the government, which in return would guarantee the crown an annual "stipend". Over the years, the system has undergone some changes, for example, Charles agreed to reduce the share of income from royal estates he receives from the Treasury from 20 to 15%, a gesture that risks being overturned by these latest allegations. (A2 Televizion)
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