NO further action will be taken in relation to the Cash for Honors investigation involving King Charles’ charity, The Prince’s Foundation.
The Met Police had investigated claims that the foundation set up by the then Prince of Wales had offered help to a Saudi donor in order to secure an award.
Michael Fawcett, who has since resigned as chief executive of the charity, has been accused of promising to help billionaire Mahfouz Marei Mubarak bin Mahfouz secure knighthood and citizenship.
Mahfouz received an honorary CBE degree in late 2016 and was said to have donated to restoration projects in which King Charles had a vested interest.
When the inquiry opened in February 2022, a spokesman for Charles at Clarence House said the then-Prince of Wales was “not aware of the alleged offer of honors or British citizenship on the basis of a donation to his charities”.
It is understood that the king has not spoken to the police, nor has he been asked to do so.
Two men, one in his 50s and one in his 40s, were questioned under caution at a London police station in September last year.
However, no one has ever been arrested or charged during the investigation.
More than 200 documents were analyzed and several witnesses contacted, the police said this morning.
A file had already been forwarded to the CPS in October.
The Met said in a statement, “Based on the CPS’ early investigative recommendation, and after careful consideration of information received through the investigation to date, the Met has concluded that no further action will be taken on this matter.”