Prince Andrew’s desperate bid to sell his £18million ski chalet now looks “impossible” after it was frozen as an asset by the Swiss authorities, it has been claimed.
Sources in Verbier, where he and ex-wife Sarah Ferguson own the seven-bedroom property, say the chalet has been placed “under sequestration” due to an alleged £1.6m debt.
According to Le Temps, a Swiss newspaper, Andrew and Fergie entered into a business arrangement with an unnamed couple in the resort and the reported £1.6m debt prompted the sequestration of the property, named Henora.
