"LONDON (AP) — Scottish regulators have criticized the past management of a charity founded by King Charles III following an investigation triggered by media reports that a Saudi billionaire sought to secure a knighthood and U.K. citizenship in return for donations.
The Scottish charity regulator, known as the OSCR, found in a report released Tuesday that the former trustees of the Scotland-based King’s Foundation — previously known as the Prince’s Foundation — didn’t properly scrutinize a number of transactions and failed to adequately oversee the charity’s former chief executive.
“The inquiry found the historical governance of the charity had not always been up to the standard required,” the regulator found. But it said the inquiry did not find evidence of misconduct by any of the former or current trustees."
https://apnews.com/article/charles-royal-charity-kings-foundation-885a9c7f568fcf9a5501baf5f65a9c8c
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