Life is never easy for Princes Albert II and Princess Charlene of Monaco, whose expenses are now being scrutinizedAfter the notebooks of Claude Palmeiro, who was manager of the king's assets for 20 years, were revealed in a work for the newspaper Le Monde.
Although Albert II insisted on the idea that there should be a level of ethics in palace spending, the discoveries made by the French magazine give another idea. For example, Princess Charlene will have spent “about €15 million” in the past eight yearsPalmeiro expressed his dissatisfaction with the increased allocation of funds to the wife of the King of Monaco.
“We must be careful not to increase allocations too much in a period of crisis,” says Palmeiro. On another occasion, he asks, “Isn't that too much?”, when Charlene expresses her desire to rent a second house on the island of Corsica. In 2012, for example, he says that “His Highness appoints irregular people to work,” referring to palace employees.
This type of spending extends to the various personalities surrounding the Princes of Monaco: For example, Charlene's brother, Sean Whitsock, received €900,000 for his houseWhile Princess Stephanie wanted to buy an apartment for 30 million euros, which is higher than the market value. Alexandre Costi, the prince's illegitimate son, receives insurance against kidnapping, while Jazmin Grace, the daughter born as a result of an extramarital affair, receives 80,000 euros every three months.
It is worth noting that Alberto II and his sisters sued Claude Palmeiro, after he was dismissed in June 2023Because the audit revealed “worrying management practices.”
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