Prince Andrew once took out a $ 2 million loan from a private bank under investigation for money laundering – and then received the same amount back days later from a controversial political donor whose family is reportedly controlling the bank.

The British jet setting royal borrowed the money in late November 2017 from Banque Havilland, which is still the subject of a criminal investigation, Bloomberg News said, citing sources and bank documents.

Queen Elizabeth II’s middle son was admitted despite the fact that the Luxembourg bank rarely issues unsecured loans and found an internal loan application to be “inconsistent with the bank’s risk appetite,” the report said

But it was approved in part because it “opened up more business with the royal family,” according to Bloomberg.

It was supposed to cover $ 1.7 million he already had from the bank, with the addition of “general working capital and living expenses,” the report said.

Just 11 days later, Andrew received an additional $ 2 million from another company owned by financier David Rowland, a major political backer whose family controls Banque Havilland, Bloomberg reported.

Andrew’s transfer was intended to repay his loan, according to the report.

The money was paid when Andrew, 61, was a working king. He was released from these duties in late 2019 because of the sex scandal involving his late pedophile buddy Jeffrey Epstein.

It was also given when Banque Havilland was investigated for money laundering violations, resulting in a fine of more than $ 4.5 million the following year. Luxembourg prosecutors also opened a criminal investigation, which is ongoing, Bloomberg noted.

The loan could shed some light on how the king lived such a lavish lifestyle, despite being known only for receiving around $ 350,000 and a $ 25,000 pension from his mother, Bloomberg said.

It also prompted immediate calls for an official investigation into the prince’s financial ties to yet another controversial money man, who this time has donated more than $ 8 million to the British Conservative Party.

“This shows once again that there are important questions to be asked about Prince Andrew’s business relationships and his association with some dubious characters,” former UK minister Norman Baker told Bloomberg.

“Parliament should look into this matter with some urgency.”

Andrew has long-standing ties with Rowland and the bank that his family bought in 2009, noted Bloomberg.

He was the guest of honor at the official opening of Banque Havilland and “has helped them offer their services to potential customers from among the ranks of the world’s dictators and kleptocrats,” the outlet said.

The Rowlands were also guests at the 2018 wedding of Andrew’s daughter Princess Eugenie at Windsor Castle, The Sun told The Sun.

Rowland had previously been forced to resign from a government position because of his financial operations, which allegedly included offers to become a private banker for the family of North Korean despot Kim Jon Un, the Daily Mail said.

A spokesman for Andrew declined to comment on the transactions to Bloomberg.

Andrew “has the right to a degree of privacy in conducting his perfectly legitimate personal financial affairs, with all reasonable accounting measures in place and all taxes properly paid,” the spokesman said.

A spokesman for Banque Havilland said he could not comment on individual customers.

On the other allegations, a bank spokesman for the sales outlet said it was subject to “routine inspections and tests” like “all financial institutions”.

“The bank works continuously with the authorities and provides all necessary disclosures, and any conclusions about misconduct is categorically rejected,” said the spokesman.

“Compliance with legal and regulatory requirements is a top priority for the bank.”

Rowland did not respond to emails and text messages, Bloomberg said.