Britain’s Prince Andrew sued over debt on US$22 million Swiss luxury chalet
- Duke of York and ex-wife bought holiday home at Verbier ski resort in 2014, but missed December 2019 deadline for paying off chunk of purchase
- Seven-bedroom wooden chalet reported to have indoor swimming pool and sauna
Legal proceedings have been launched in Switzerland against Britain’s Prince Andrew and his ex-wife Sarah, a newspaper reported on Thursday, over money they were said to still owe on a luxury chalet.
Queen Elizabeth’s second son and Sarah, who remain close despite their 1996 divorce, bought the plush holiday home in the Verbier ski resort in southwest Switzerland in 2014 for 22 million Swiss francs (US$21.7 million).
The wooden chalet has seven bedrooms, an indoor swimming pool and a sauna, Le Temps newspaper reported.
However, the Duke and Duchess of York did not meet a December 31, 2019, deadline for paying off a chunk of that sum, Le Temps said.
In the deeds of sale, seen by the French-language daily, six million francs (US$5.9 million) were due to be paid at the end of last year – now, with interest, eight million francs.
Four months on, the law firm Etude du Ritz has been instructed by the vendor to initiate legal proceedings at the local prosecution office, Le Temps reported. There was no immediate comment from Etude de Ritz when contacted by Agence France-Presse.