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The Prince’s Foundation for Integrated Health has been closed following the arrest of one of its senior officials on suspicion of fraud and money laundering.

The announcement, made in a statement on the Foundation’s website, reportedly came after an investigation into £300,000 of unaccounted funds in the books of the charity set up by the Prince of Wales in 1993.

A Scotland Yard spokesman said: “Officers from the Metropolitan Police Service’s economic and specialist crime command arrested two people on the morning of Monday April 26 on suspicion of fraud and money laundering at an address in north west London.

“A 49-year-old man and 54-year-old woman were arrested at approximately 7am and taken to a north London police station where they remain in custody.”

In its statement, the charity said:

“The Trustees of The Prince’s Foundation for Integrated Health have decided to close the charity. Whilst the closure has been planned for many months and is part of an agreed strategy, the Trustees have brought forward the closure timetable as a result of a fraud investigation at the charity.

“The Trustees feel that The Foundation has achieved its key objective of promoting the use of integrated health. Since The Foundation was set up in 1993, integrated health has become part of the mainstream healthcare agenda, with over half a million patients using complementary therapies each year, alongside conventional medicine.”

• The Prince’s Foundation for Integrated Health has confirmed that its 2010 Conference and Awards will no longer take place.

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About the Author

Jim Manson

Editor-in-chief
Jim Manson is Editor-In-Chief of Diversified Communication UK's natural and organic publishing portfolio. He’s written widely on environment and development issues for specialist magazines and national media, including the Financial Times, The Guardian, The Times, Time Out and World Bank Urban Age.

Articles by Jim Manson
Jim Manson

One Response to Prince’s Foundation closes after fraud investigation

  1. Avatar
    Sean Kulyk May 7, 2010 at 8:38 pm #

    Incredible! I am just absolutely amazed that this has happened. Whilst clearly the prince would prefer not to have the bad press associated with this case, on the other hand it does seem a bit extreme to close the whole organisation down because of one or two (alleged) ‘bad eggs’ as there will no doubt still be a public airing of the investigation results.

    It is such a shame, as the FIH has done so much over the years to promote real integration of natural medicine with mainstream medicine and indeed has produced some interesting and very relevant studies.

    This is not a good day for Complementary Medicine.
    Sean Kulyk Registered Kinesiologist and lecturer

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