Top Tory election donors appear to be tax avoiders, money launderers and private health bosses

The Canary has provided a handy copy-and-keep list of the top Tory election donors, and it’s a real rogues’ gallery. Check out these creeps:

The Tories’ top donors included:

  • JCB Service – £1.5m. It’s owned by Anthony Bamford, who was not only named in the Panama Papers, but who operates JCB out of tax haven Bermuda.
  • John C Armitage – £1.1m. Armitage is the founder of Egerton Capital, a hedge fund that enables [xml] tax avoidance for investors.
  • John Griffin – £1.03m. Griffin and his private hire firm Addison Lee were caught up in a lobbying scandal in 2012.
  • Mark J. C. Bamford – £750,000. The younger brother of Anthony Bamford, owner of JBC Service, he was caught up in a row over a JCB subsidiary, JCB research, which, while only worth £27,000, was the biggest Tory donor in the run-up to the 2010 general election.
  • Andrew E Law – £525,000. Law is a hedge fund owner [paywall] whose firm Caxton Associates is registered in the US tax avoidance state of Delaware.
  • David J Rowland – £312,500. The Canary conducted a major investigation into Rowland in 2016, and described his offshore tax affairs as “mind blowing”.
  • Lord Michael Ashcroft – £500,000. Ashcroft has been involved in several tax avoidance scandals. He also co-authored the book at the centre of the David Cameron ‘Pig gate’ scandal.

Other Tory donors [pdf p3-5] during the election period included:

  • Sir Henry and Lady Keswick – £150,000. Keswick’s company Jardine Matheson was linked to tax avoidance via Luxembourg and has numerous subsidiaries in tax haven Bermuda.
  • Charles ‘Julian’ Cazalet – £10,000. Cazalet is a non-executive director of NHS private provider Deltex Medical Group.
  • Malcolm Healey – £100,000. Healey was fined by HMRC in 2015 for making £8.6m [pdf] by using a tax avoidance scheme.
  • Bruce Hardy McLain – £100,000. McLain’s private investment firm CVC Capital Partners is currently embroiled in a £5m bribery and tax avoidance scandal involving Formula One.
  • Ayman and Sawsan Asfari – £100,000. Ayman is currently under investigation by the Serious Fraud Office. He also runs oil company Petrofac, which avoids tax via Jersey.
  • Rainy City Investments – £100,000. Owned by Peter and Fred Done, who were fined £800,000 by the Serious Fraud Office over money laundering allegations.
  • Investors in Private Capital Ltd – £150,000. Co-owned by James ‘Jamie’ Reuben, family friend of George Osborne, it paid no UK corporation tax in 2014 [pdf p13], despite a turnover [pdf p17] of £35m.

Source: Here’s the list of top Tory election donors Theresa May should be ashamed of | The Canary


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2 Comments

  1. NMac August 27, 2017 at 3:30 pm - Reply

    The foul stench of corruption hangs around all of them, and the politicians they are bribing.

  2. Dez August 30, 2017 at 2:35 pm - Reply

    Knighthoods and gongs all round for services rendered and also to give these same generous creeps some totally unearned integrity with their dumber clients and customers impressed with knighthoods. Just think of “Sir” Jimmy Saville when you recall what knighthood trinkets are all about. When is any Government going to do something about these evaders doing the business right under the noses of Government …. shameful Government and equally shameful one sided Tax Authority.

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