Prince Andrew held investments in shell company set up to keep holdings secret

Prince was among at least five members of royal family who used Bank of England Nominees – set up in 1970s to prevent disclosure of queen’s investments

Prince Andrew held his shareholdings through a government-backed shell company that was created to conceal royal investments from public scrutiny.

The prince was among at least five members of the royal family who used the shell company Bank of England Nominees, which was set up in the 1970s to prevent the “embarrassing” public disclosure of Queen Elizabeth II’s investments.