PRINCE Charles's charity is under police investigation amid allegations the organisation was involved in a "cash-for-honours" scandal.

The Metropolitan Police has launched a probe into the Prince's Foundation after it was alleged the charity played a role in a bid to secure honours and British citizenship for a Saudi billionaire donor. 

It has been claimed Michael Fawcett, the former head of the Prince's Foundation and one of Charles's closest confidants, tried to help Mahfouz Marei Mubarak bin Mahfouz gain a knighthood and a British passport. 

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Fawcett stepped down after the allegations were made last year. 

Scotland Yard said in a statement: “The Metropolitan Police Service has launched an investigation into allegations of offences under the Honours (Prevention of Abuses) Act 1925.

“The decision follows an assessment of a September 2021 letter. This related to media reporting alleging offers of help were made to secure honours and citizenship for a Saudi national.

“The Special Enquiry Team has conducted the assessment process which has included contacting those believed to hold relevant information.

“Officers liaised with The Prince’s Foundation about the findings of an independent investigation into fundraising practices. The Foundation provided a number of relevant documents.

“These documents were reviewed alongside existing information. The assessment determined an investigation will commence.

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“There have been no arrests or interviews under caution.”

Clarance House, Charles's official residence, said in a statement: "The Prince of Wales had no knowledge of the alleged offer of honours or British citizenship on the basis of donation to his charities.”

A spokesperson for The Prince’s Foundation said: “It would be inappropriate to comment on an ongoing investigation.”

The charity is understood to be continuing to offer its full co-operation to the Metropolitan Police.