Khan Backed By Tax Avoiding Offshore Fund Managers

khan OFFSHORE

Khan is no stranger to dodgy backers. In an attempt to clean up his murky image, his campaign released a list of 100 business backers in the Evening Standard last Friday. Most were drawn from the few business backers still loyal to Corbyn’s Labour. The list includes backers such as Saker Nusseibeh, CEO of Hermes Investment Management – a group that currently manages 15 offshore funds – as well as top RBS banker Martin Bailey and Bank of America VP Jacob Taylor. Taxpayer owned RBS shelled out €23.8 million to German prosecutors in December to settle a tax evasion investigation, and was lambasted for racking up £1 billion in tax breaks earlier this year, while Bank of America recently had to dismantle a special tax avoidance group in disgrace. Khan’s business support is drawn from the types of companies his leader wants to investigate…




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