Lord Ashcroft used offshore trust to shelter wealth while Tory peer

Brexiter caught up in 2010 row over ‘non-dom’ status has trust in Bermuda, putting Theresa May in awkward position

Lord Ashcroft, one of the Conservative party’s biggest donors, faces fresh questions over his offshore affairs after the Paradise Papers revealed a previously unknown trust sheltering his vast overseas wealth.

Scores of emails and financial statements chart the inner workings of the Bermuda-based Punta Gorda Trust from its creation in 2000, just after he became a peer.

Continue reading…

Previous Post
Next Post