Prince Andrew has set up a company with a disgraced banker accused of sexual harassment. The Duke of York has gone into business with Harry Keogh, once a star financier at the Queen’s bank, Coutts, before he resigned in March 2018 following a storm over sexual harassment claims.
Mr Keogh was disciplined after accusations that he inappropriately touched young female staff, made lewd comments and was a heavy drinker. But it seems the Duke of York has started a business venture with his long-time friend, who attended the wedding of his daughter, Eugenie, in 2018.
The company, which was formed last June, will be a vehicle for Andrew’s family investments and will have an unlimited status, which affords it a degree of privacy, The Times reported.
It is named Lincelles, after an 18th-century battle in which the Duke of York commanded the English against the French. The business will not have to file accounts with Companies House and can avoid disclosing its profits or income. Andrew controls 75 per cent of the firm through the Urramoor Trust. He and Mr Keogh are listed as persons with significant control over Lincelles.