Prince Andrew is facing a civil lawsuit by Virginia Giuffre, which starts on Tuesday. AFP
Prince Andrew is facing a civil lawsuit by Virginia Giuffre, which starts on Tuesday. AFP
Prince Andrew is facing a civil lawsuit by Virginia Giuffre, which starts on Tuesday. AFP
Prince Andrew is facing a civil lawsuit by Virginia Giuffre, which starts on Tuesday. AFP

Prince Andrew may lose Duke of York title


Thomas Harding
  • English
  • Arabic

Prince Andrew could be asked to drop his royal Duke of York title if he loses an impending civil lawsuit, it has been reported.

Pressure on the British royal has intensified following the conviction last week of Ghislaine Maxwell over sex trafficking charges, with defence sources suggesting he could lose his honorary military titles too.

Plans are said to have been drawn up by the royal household in which the 61-year-old prince would also be asked to surrender his charity ties and be sent into a form of internal exile.

He is facing litigation from Virginia Giuffre who claims she was sexually abused by Queen Elizabeth II’s son when she was 17 and is seeking punitive damages in the US. Prince Andrew strongly denies the allegations.

But planning is now taking place to protect the monarchy in the event Ms Giuffre, who was a victim of the underage abuser Jeffrey Epstein, wins the litigation.

“If he loses the case, the question is: what do you do with him?” a royal source is quoted by The Sunday Times as saying. “You can’t make him resign like you would a normal person but he would be asked to put his dukedom into abeyance.”

The suggestion would be that Prince Andrew is asked to stop using his Duke of York title in a similar request to that made to the Duke and Duchess of Sussex when they ceased to be working members of the royal family. Prince Harry and Meghan Markle were not stripped of their “HRH” titles, but were asked not to use them.

Virginia Giuffre with her lawyer for a hearing in the criminal case against Jeffrey Epstein in 2019. Reuters
Virginia Giuffre with her lawyer for a hearing in the criminal case against Jeffrey Epstein in 2019. Reuters

It is understood the queen would be reluctant to strip her second son of the title that was held by her father, King George VI, before he was crowned.

The duke would also face calls to relinquish his honorary military positions — he is colonel-in-chief of nine military units, regiments and corps. It is understood that senior commanders believe that the prince retaining the honorary titles would be untenable if he loses the case.

Any decision will again depend on the queen’s agreement however there is unlikely to be any objection from the armed forces. Again, it would be a move similar to that made for Prince Harry who gave up his military titles after moving to the US when he ended his royal duties.

The Duke of York’s only hope of retaining both his title and military positions is that Ms Giuffre’s case is thrown out of court when proceedings begin in New York on Tuesday.

His lawyers will argue that a private settlement reached between Ms Giuffre and Epstein in 2009, after she sued him for years of abuse, protects associates of the deceased financier from being targeted in civil proceedings.

The lawyers will also claim the US court has no jurisdiction, on the grounds that Giuffre, 38, lives in Australia.

UAE currency: the story behind the money in your pockets
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Biog

Mr Kandhari is legally authorised to conduct marriages in the gurdwara

He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada

Father of two sons, grandfather of six

Plays golf once a week

Enjoys trying new holiday destinations with his wife and family

Walks for an hour every morning

Completed a Bachelor of Commerce degree in Loyola College, Chennai, India

2019 is a milestone because he completes 50 years in business

 

Padmaavat

Director: Sanjay Leela Bhansali

Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh

3.5/5

Silent Hill f

Publisher: Konami

Platforms: PlayStation 5, Xbox Series X/S, PC

Rating: 4.5/5

Brief scores:

QPR 0

Watford 1

Capoue 45' 1

11 cabbie-recommended restaurants and dishes to try in Abu Dhabi

Iqbal Restaurant behind Wendy’s on Hamdan Street for the chicken karahi (Dh14)

Pathemari in Navy Gate for prawn biryani (from Dh12 to Dh35)

Abu Al Nasar near Abu Dhabi Mall, for biryani (from Dh12 to Dh20)

Bonna Annee at Navy Gate for Ethiopian food (the Bonna Annee special costs Dh42 and comes with a mix of six house stews – key wet, minchet abesh, kekel, meser be sega, tibs fir fir and shiro).

Al Habasha in Tanker Mai for Ethiopian food (tibs, a hearty stew with meat, is a popular dish; here it costs Dh36.75 for lamb and beef versions)

Himalayan Restaurant in Mussaffa for Nepalese (the momos and chowmein noodles are best-selling items, and go for between Dh14 and Dh20)

Makalu in Mussaffa for Nepalese (get the chicken curry or chicken fry for Dh11)

Al Shaheen Cafeteria near Guardian Towers for a quick morning bite, especially the egg sandwich in paratha (Dh3.50)

Pinky Food Restaurant in Tanker Mai for tilapia

Tasty Zone for Nepalese-style noodles (Dh15)

Ibrahimi for Pakistani food (a quarter chicken tikka with roti costs Dh16)

UAE currency: the story behind the money in your pockets
DMZ facts
  • The DMZ was created as a buffer after the 1950-53 Korean War.
  • It runs 248 kilometers across the Korean Peninsula and is 4km wide.
  • The zone is jointly overseen by the US-led United Nations Command and North Korea.
  • It is littered with an estimated 2 million mines, tank traps, razor wire fences and guard posts.
  • Donald Trump and Kim Jong-Un met at a building in Panmunjom, where an armistice was signed to stop the Korean War.
  • Panmunjom is 52km north of the Korean capital Seoul and 147km south of Pyongyang, North Korea’s capital.
  • Former US president Bill Clinton visited Panmunjom in 1993, while Ronald Reagan visited the DMZ in 1983, George W. Bush in 2002 and Barack Obama visited a nearby military camp in 2012. 
  • Mr Trump planned to visit in November 2017, but heavy fog that prevented his helicopter from landing.
What the law says

Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

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War

Director: Siddharth Anand

Cast: Hrithik Roshan, Tiger Shroff, Ashutosh Rana, Vaani Kapoor

Rating: Two out of five stars 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Updated: June 20, 2023, 12:57 PM