According to reports, Prince Andrew and his accuser Virginia Giuffre settled their sexual assault lawsuit for a stunning £12 million ($16.3 million, 14.3 million euros).

According to AFP, Andrew intended to pay Giuffre £10 million and a charity for victims of sex trafficking £2 million, citing the Daily Telegraph.

Virginia Giuffre’s lawyer stated on Tuesday that the two parties had reached an out-of-court settlement, sparing Andrew the public humiliation of a trial. The specifics were not disclosed.

Virginia Giuffre’s lawyer stated on Tuesday that the two parties had reached an out-of-court settlement, sparing Andrew the public humiliation of a trial. The specifics were not disclosed.

Meanwhile, the British press stated that Queen Elizabeth and Prince Charles exerted “strong” pressure on Prince Andrew to make a “principle settlement” with Virginia Giuffre.

The settlement has generated worries about who will foot the bill for the cash-strapped prince, with the Telegraph reporting that it will come from one of his mother Queen Elizabeth II’s private estates, according to the AFP.

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