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Thousands of people who died in a specific area of north-west England known as the Lancashire county palatine without leaving behind a will or a known next of kin have had their financial assets collected by the Duchy of Lancaster for King Charles’ benefit’
More than £60m of “ownerless property” or bona vacantia (literally ‘vacant goods’ in English) has reportedly been scooped up by the duchy over the last decade, and used to finance renovations of the King’s estate which he profits from renting out.
The news, from a leaked 2020 internal policy, is despite the Duchy of Lancaster claiming funds are distributed between charitable causes.
While Buckingham Palace declined to comment on The Guardian’s findings, a spokesperson for the duchy told the outlet: “The King reaffirmed that money from bona vacantia should not benefit the privy purse, but should be used primarily to support local communities, protect the sustainability of the land and preserve public and historic properties across the Duchy of Lancaster estates.
“This includes the restoration and repair of qualifying buildings in order to protect and preserve them for future generations.
“The cost of administering bona vacantia and any costs associated with the upkeep of public buildings and those of architectural importance, is also deducted.”
From unitynewsnetwork.co.uk
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