The Duke of York returns £750,000 claimed to have been 'misappropriated' from its Turkish owner.
The Duke and Duchess of York have been named in a court case in which a Turkish millionaire is claiming £38m has been "dishonestly misappropriated" by a business adviser.
The complex court case involves claims brought by 77-year-old Mrs Isbilen that her business adviser Mr Turk misused her funds. According to the court papers, Mrs Isbilen claims Mr Turk advised her to make a "gift" of £750,000 to Prince Andrew, which it is claimed she was misled into thinking was for assistance with her passport."The representation that Mrs Isbilen needed to make a gift to the Duke of York in connection with her passport was false," says her legal team in their claim of dishonesty against Mr Turk.Representatives of Prince Andrew have not commented on the ongoing court case.
The High Court had been told Mrs Isbilen needed help moving assets out of Turkey after her husband became a political prisoner, and that Mr Turk was trusted to help.
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