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London-based Harrods has reserved $81 million to compensate sexual abuse survivors who say they were sexually assaulted by former owner Mohamed Al Fayed. Photo by Andy Rain/EPA

Oct. 4 (UPI) — London-based Harrods has created an $81 million fund to compensate eligible recipients who say they were sexually abused by former owner Mohamed Al Fayed.

More than 100 former Harrods workers and others each could receive up to $519,000 to settle abuse claims, including those involving alleged rape and sexual assault, the BBC reported on Saturday.

Harrods is one of the world’s most recognized luxury store brands, which Fayed owned from 1985 to 2010.

London Metropolitan Police reported 146 people have reported crimes by Fayed, who was Egyptian and also owned the Hotel Ritz Paris and the Fulham Football club and died in 2023 at age 94, according to The Standard.

Only those who have alleged sexual abuse by Fayed will be eligible for compensation

The compensation offer runs through March and will be paid out to eligible recipients at the end of April, Harrods managing director Michael Ward said.

Claimants can file to receive up to $270,000 for general damages, $202,000 for work impact, $37,000 for wrongful testing and $14,000 for treatment costs.

Officially called the “Harrods Redress Scheme,” the settlement plan was created in March and remains open for an entire year.

The compensation plan triggered a pre-tax loss for Harrods of more than $46 million for the year ending in February, the Financial Times reported.

Harrods reported a profit of more than $150 million a year earlier.

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