Prince Andrew faces more disgrace as business backers leave
LONDON — Britain’s Prince Andrew faced further disgrace Tuesday as charitable partners and educational institutions began to distance themselves from him amid unfavourable fallout from an interview on his friendship with sex offender Jeffrey Epstein.
Like most senior members of the royal family, Andrew is patron for charities and other civic endeavours, lending his name and the backing of the monarchy to the good works of all manner of institutions. But supporters of undertakings connected to Andrew are now reconsidering whether they want to be associated with him after his effort to draw a line under the Epstein scandal backfired so disastrously.
Andrew, the second son of Queen Elizabeth II, granted a no-holds barred interview to BBC’s Newsnight program to end years of speculation about his friendship with the tainted financier, who died in prison last summer while awaiting trial on sex-trafficking charges. Andrew’s failure to show empathy for the young women exploited by Epstein earned him widespread derision — and made corporate backers and universities think twice about their ties to this senior member of the House of Windsor.
Standard Chartered bank, a backer of Andrew’s flagship entrepreneur project, Pitch@Palace, has decided not to renew its sponsorship for “commercial reasons.’’ Professional services provider KPMG won’t renew its support for the initiative either, Britain’s Press Association reported. Pharmaceutical giant AstraZeneca says it is reviewing its three-year partnership, which is due to expire at the end of the year.