Michael Fawcett, the former chief executive of the charity, quit his position in 2021 after an article in the Mail on Sunday leaked a letter he sent to Sheikh Marei Mubarak Mahfouz bin Mahfouz offering the trade. A criminal investigation led to no charges, but the regulatory office uncovered several other issues.

King Charles's charity the King's Foundation has suffered a blow after a regulator found "serious" and "unacceptable" failures, according to a new report. The investigation has spanned years by the Office of the Scottish Charities Regulator.