Dame Margaret Hodge has written to the new chancellor Nadhim Zahawi
“…I read with great concern reports in the Independent on Wednesday that you have previously been under investigation by the International Corruption Unit at the National Crime Agency, as recently as 2020, for potential issues linked to your business affairs…..these revelations do raise legitimate question marks over your suitability to take charge of the Treasury, especially at such a crucial time for our economy.”
She then goes on to ask a number of detailed questions on the subject of possible use of non dom status for tax avoidance, the possible use of offshore companies to evade/avoid tax, the possible lack of declaration in the MPs’ register of interests, whether he has used offshore companies based in tax havens to purchase properties in the U.K. to the value of £100 million and has he paid the requisite taxes including stamp duty plus whether he has declared all the properties in the MPs’ register of interests, and finally whether he still holds £20 million of You Gov shares in a Gibraltar based company, was it for the avoidance of tax, did he receive dividends and did he pay dividends tax in the U.K.
Pretty detailed questions and if Zahawi is unable to answer these questions satisfactorily then he will end up as yet another example of the Tories thinking there is one law for us and another for them.
Are you as shocked as I am?