Founded in 2020 by Prince Harry and Meghan Markle, Archewell is more than just a nonprofit organization; it's a platform encompassing both their charitable endeavors and a content production company.
However, recent whispers suggest that behind the scenes, there are issues brewing. Last week, Mandana Diani, who had held the positions of president and executive director of Archewell since January 2021, announced her departure.
In her statement, Diani cited a pursuit of new professional opportunities, but sources close to the situation indicate a different story. According to insiders, Diani became increasingly troubled by a lack of transparency and questionable financial practices at Archewell over the past year.
Despite the foundation's claims of operating with integrity and accountability, Diani allegedly found no clear system for tracking donations or allocating funds towards charitable programs. Instead of being utilized to aid those in need, insiders allege that a significant portion of donations vanished without a clear paper trail. Diani raised concerns about this issue, only to be ignored or dismissed by senior leadership. As president, she advocated for an external financial audit to address these discrepancies. However, Harry and Meghan vehemently opposed the audit, fueling suspicions that they were attempting to conceal improper spending and financial mismanagement.
Feeling that her ethical standards were compromised, Diani felt compelled to resign. Confidential documents obtained by undisclosed sources shed light on deeper financial irregularities within Archewell. Bank records reveal a troubling pattern of donations being funneled through shell companies and offshore accounts, ultimately benefiting Harry and Meghan with extravagant lifestyles far beyond their stated salaries.
For instance, despite receiving over $5 million in donations for mental health efforts, only a fraction of that amount went towards actual programs or staff salaries. Instead, the bulk of the funds were diverted through anonymous companies in tax haven countries, financing the couple's lavish expenditures. Concerns also arise regarding a $2 million donation for COVID relief in India, which seemingly disappeared through convoluted financial channels.
Leaked documents expose the couple's exorbitant self-payments for consulting fees totaling over $1 million each year, suggesting a scheme to evade income taxes while enriching themselves at the expense of charitable work. This level of financial impropriety not only breaches donor trust but also tarnishes Archewell's mission. Despite denials from Harry and Meghan's legal representatives, the need for an independent forensic audit is paramount to uncover the truth behind Archewell's finances. Transparency is essential, but the reported resistance from the couple raises suspicions of wrongdoing.
