PracticeAccounting FirmsAccountant to resolve Prince Charles crisis

Accountant to resolve Prince Charles crisis

Sir Michael Peat, the former KPMG partner and finance director to the Queen, is facing his biggest challenge today - attempting to find a way through the rape tape crisis in his role as private secretary to Prince Charles.

Link: Peat leaves Queen for Charles

Expected at St James’s Palace today to chair a crisis meeting, Sir Michael is noted for his reserved manner, unswerving loyalty to the monarchy and absolute discretion.

The meetings come after one of Prince Charles’ aides was forced to publicly deny raping another male servant.

The rape allegations emerged as a result of the collapse of theft charges against Princess Diana’s former aide Paul Burrell.

Sir Michael joined the Prince’s staff this year after the golden jubilee celebrations were finished.

He was noted for bringing the Queen’s finances under control while working as Keeper of the Privy Purse and it was thought his key role with Prince Charles would be boosting income from the Duchy of Cornwall, the heir’s estate.

A former partner at KPMG and great grandson of the founder of Peat Marwick, Sir Michael joined the Queen’s service in 1990, becoming Keeper of the Privy Purse in 1996.

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