Anonymous ID: 5a8e38 Jan. 3, 2025, 7:45 p.m. No.22288991   🗄️.is 🔗kun

>>22288801

https://www.dailymail.co.uk/news/article-14248845/prince-andrew-pitch-palace-firm-boss-duke-company-chinese-spy.html

More than £230,000 has been pulled from Prince Andrew's Dragon's Den-style initiative Pitch@Palace, accounts documents filed this week show.

During the financial year up until March 31, 2024, the amount of cash at hand and in the bank at the firm decreased by half, from £454,979 to £220,990.

The accounts, which were filed to Companies House on December 30, show the withdrawal was signed by Pitch@Palace's sole director Arthur Lancaster, on behalf of the board.

However, mystery surrounds what the money has been used for or to whom it has been paid.

Last year, around £120,000 was also pulled from Pitch@Palace Global Ltd's account with its total assets falling from £610,870 to £489,915.

It comes amid concerns about the future of the Duke of York's Pitch@Palace scheme after it emerged that a former boss at the company was an alleged spy.

Yang Tengbo, 50, was appointed founder of the programme's enterprise in China and has been described as a 'close confidante' of the Duke of York.

The business man has visited Prince Andrew at Buckingham Palace and was also invited to his 60th birthday party.