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The Prince Of Monaco, His Finances, And The Man Who Held The Keys To It All


Published on 2025-05-25 07:00:41 - NDTV
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  • Claude Palmero was the trusted financial steward of Monaco's royal family for over 20 years, managing everything from investment portfolios to private expenses for Prince Albert II and his sisters.

Claude Palmero, who managed the finances of Prince Albert II of Monaco for over two decades, was dismissed amid allegations of embezzlement and misuse of funds, sparking a significant scandal within the principality. Palmero, once a trusted advisor, was accused of siphoning off millions of euros, leading to his abrupt removal from his position. The controversy has not only tarnished his reputation but also raised questions about the oversight of Monaco's royal finances. Additionally, the scandal has implicated other high-profile figures, including Princess Charlene's former chief of staff, further complicating the situation. The fallout from these allegations continues to unfold, with potential legal and reputational repercussions for all involved.

Read the Full NDTV Article at:
[ https://www.ndtv.com/world-news/claude-palmero-prince-albert-ii-of-monaco-his-finances-and-the-man-who-held-the-keys-to-it-all-8502166 ]

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