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Prince Andrew, Queen’s son was allegedly to receive commission from a £375m deal in oil-rich Kazakhstan while acting as special trade envoy for Britain

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"109460728"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><h3 class&equals;"byline-time"><span style&equals;"color&colon;&num;999999&semi;"><em>&&num;8216&semi;In recent times &&num;8216&semi;graft&&num;8217&semi; by highly placed persons has been all the rage&period; First former PM Tony Blair&comma; now this PR blunder in trying to cover royal &&num;8216&semi;greasing&&num;8217&semi; <span style&equals;"color&colon;&num;999999&semi;">in <&sol;span>Kazakhstan&comma; by Prince Andrew<br &sol;>&NewLine;&&num;8230&semi;&period;the lesson to be learnt here is that someone is always watching and individuals occupying high posts with expectations of probity need to control that basic instinct to strike material gains at the expense of public trust&period;<br &sol;>&NewLine;What the The Duke of York has lost in public confidence can not be repaired with even £40m of PR or stonewalling&&num;8217&semi;<&sol;em><&sol;span><&sol;h3>&NewLine;<h1 class&equals;"byline-time"><strong> <span style&equals;"color&colon;&num;2b0808&semi;">Prince Andrew &&num;8216&semi;set for £4m windfall from a deal&comma; greasing the wheels in Kazakhstan&&num;8217&semi;<&sol;span><&sol;strong><&sol;h1>&NewLine;<h2><strong><span style&equals;"color&colon;&num;2b0808&semi;">He allegedly&comma; was set to collect the commission from that £385m deal he brokered while acting as special trade envoy for Britain<&sol;span><&sol;strong><&sol;h2>&NewLine;<h2><strong><span style&equals;"color&colon;&num;2b0808&semi;">The Duke of York called&comma; emailed &lbrack;Kazakh oligarch&rsqb; Kenges Rakishev seeking for assistance two firms &&num;8211&semi; Aras Capital&comma; Zurich and EYDAP&comma; Greece <&sol;span><&sol;strong><&sol;h2>&NewLine;<h2><strong><span style&equals;"color&colon;&num;2b0808&semi;">Conflict of interest cited in performing his former role as trade envoy while seeking personal gain from that role<&sol;span><&sol;strong><&sol;h2>&NewLine;<div id&equals;"row2" class&equals;"tmRow span-15-5 col-1 article-page p402&lowbar;hide">&NewLine;<div class&equals;"tmCol article">&NewLine;<h6><strong><img class&equals;"alignnone size-full wp-image-24193" src&equals;"https&colon;&sol;&sol;konniemoments&period;com&sol;wp-content&sol;uploads&sol;2016&sol;05&sol;andrew&lowbar;2208425a&period;jpg" alt&equals;"andrew&lowbar;2208425a" width&equals;"620" height&equals;"553" &sol;><&sol;strong><&sol;h6>&NewLine;<p>Prince Andrew is reported to have facilitated a venture in Kazakhstan on behalf of Greek and Swiss clients He was was to be offered a commission fee of 1 per cent or around £3&period;83 million from the deal<&sol;p>&NewLine;<div id&equals;"taboola-x-byline1" class&equals;"tm-commercial-integrations-taboolax-top tm-commercial-integrations-taboolax trc&lowbar;related&lowbar;container trc&lowbar;spotlight&lowbar;widget populated">Prince Andrew brokered a £385million deal for a foreign consortium in corrupt Kazakhstan&comma; it is claimed&period; The Duke of York was allegedly in line for £4million in commission from the deal in the oil-rich country while acting as special trade envoy for Britain&period;<br &sol;>&NewLine;He used his position as a royal to facilitate the venture on behalf of Greek and Swiss clients&comma; it is reported&period; Former Liberal Democrat MP Norman Baker said&colon; &&num;8220&semi;Prince Andrew’s continuing close relationship with questionable figures in Kazakhstan brings the royal family into disrepute&period;<br &sol;>&NewLine;&&num;8220&semi;There are also serious questions about a conflict of interest in his former role as trade envoy which on the face of it seems to be more about enriching himself than helping the UK&period;&&num;8221&semi;<br &sol;>&NewLine;The new revelations allegedly provide an insight into how the Prince may have funded his jetset lifestyle with no obvious source of income apart from a small Navy pension and an allowance from the Queen&period;<br &sol;>&NewLine;Leaked emails appear to show that in April 2011 he used his relationship with the Kazakh oligarch Kenges Rakishev to quietly help a Greek utility firm and a Swiss finance house bid for infrastructure contracts&period;<br &sol;>&NewLine;The Duke of York called then emailed Mr Rakishev asking for assistance for the two firms&comma; Aras Capital&comma; from Zurich&comma; and EYDAP&comma; Greece’s largest water firm&period;<br &sol;>&NewLine;The companies wanted to build water and sewage networks in two of Kazakhstan’s largest cities and had enlisted Prince Andrew’s help&period;Mr Rakishev quickly arranged meetings in Kazakhstan for the boss of EYDAP and its Swiss financiers with the mayors of Astana and Almaty along with representatives of local water authorities&period;<&sol;div>&NewLine;<div class&equals;"body ">&NewLine;<h6 class&equals;"inline-image clearfix "><img class&equals;"alignnone size-full wp-image-24195" src&equals;"https&colon;&sol;&sol;konniemoments&period;com&sol;wp-content&sol;uploads&sol;2016&sol;05&sol;kazakhstan-map&period;jpg" alt&equals;"kazakhstan-map" width&equals;"615" height&equals;"410" &sol;><&sol;h6>&NewLine;<p>Kazakhstan was part of the USSR<&sol;p>&NewLine;<p>For his trouble&comma; Prince Andrew was to be offered a commission fee of 1 per cent or around £3&period;83 million&comma; a source of the water firm has revealed&period;<br &sol;>&NewLine;In the event&comma; the deal collapsed when in late 2011&comma; Kazakh police opened fire on a group of striking oil workers in the city of Zhanaozen&comma; killing 14&period; Fearing they would be caught up in the turmoil&comma; EYDAP pulled out&period;<&sol;p>&NewLine;<figure class&equals;"inline-image clearfix "><figcaption>&NewLine;<h6><strong><img class&equals;"alignnone wp-image-24194" src&equals;"https&colon;&sol;&sol;konniemoments&period;com&sol;wp-content&sol;uploads&sol;2016&sol;05&sol;tw6n7g56sw8ac6213zii&period;jpeg" alt&equals;"tw6n7g56sw8ac6213zii" width&equals;"786" height&equals;"525" &sol;>Kazakh oligarch Kenges Rakishev<&sol;strong><&sol;h6>&NewLine;<&sol;figcaption><&sol;figure>&NewLine;<p>His spokesperson David Pogson initially denied the Prince had done any work for the Swiss and Greek firms&period; However&comma; a newspaper provided the palace with emails Andrew had personally sent to Mr Rakishev on behalf of both EYDAP and Aras on April 14&comma; 2011&period;<br &sol;>&NewLine;The Palace then suggested the emails were a forgery then tried to halt publication of the story on privacy grounds&period;<br &sol;>&NewLine;In 2007 Mr Rakishev brokered the mysterious sale of Prince Andrew’s former marital home in Berkshire&period; After languishing unsold for five years&comma; the property was bought for £15 million&comma; £3 million over the asking price&comma; by an oligarch called Timur Kulibayev&comma; the son-in-law of Kazakhstan’s president Nursultan Nazarbayev&period; Prince Andrew became UK special representative for international trade and investment in October 2001&comma; but He announced his resignation in July 2011 following criticism of his friendship with controversial figures including convicted sex offender Jeffrey Epstein&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<div class&equals;"tmCol article">&NewLine;<div class&equals;"body ">&NewLine;<h6><em><strong>Let us know what you think of this article&period; Like&quest; Dislike&quest; Funny&quest; Interesting&quest; Cool&quest;  Drop us a line in the comment box or join us on facebook and twitter to help us give you a better reading experience<&sol;strong><&sol;em><&sol;h6>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;

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