Tory MP Declared Bankrupt

Tory MP Adam Afriyie has been declared bankrupt in a specialist court. According to PA, a bankruptcy order was made against the gilded Afriyie, MP for Windsor, at an online hearing in the Insolvency and Companies Court today.

Last November, The Guardian revealed that Afriyie was facing bankruptcy proceedings over unpaid taxes. Before Parliament, Afriyie set up IT firm Connect Support Services. It did so well he took a four-storey house in Great College St just by the Palace of Westminster. His firm went into insolvency in 2017 with £1.7 million owed to HMRC. His announcement in the summer that he was stepping down is given added poignancy by this news: bankrupt MPs have to relinquish their seat…

UPDATE: Afriyie has released a statement:

“This has been ongoing for many years following business failures some time ago. I am ultimately responsible for some of the bank borrowing through personal guarantee. I’ve been trying to sell our home and downsize for some time, but it’s a tough market.

“It is a stressful time and it’ll be tough for a while, but I’m far from the only person in a difficult position, and I will continue to do my best to support my constituents until the next general election when I’ll be standing down.”

mdi-timer 13 December 2022 @ 11:58 13 Dec 2022 @ 11:58 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Through the Keyhole: Afriyie’s £5 Million Manor For Sale

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Rumours about top Tory stalking donkey Adam Afriyie’s financial situation abound – he is flogging his massive 9 bedroom Westminster townhouse for £16.25 million, a cool profit of £9 million. Having said earlier in 2015 “You can’t expect an MP to scrabble around on a salary of £67,000.”

Now Afriyie has put his palatial 17th century Windsor home on the market for £4.85 million. Purchased in 2008 for £4 million, the eight bedroom house comes with five bathrooms, five reception rooms, and five and a half acres of land. The former monastery contains several period features, including an ornately decorated octagonal music room:

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In addition to two cellars, the property has several spacious suites used to entertain guests:

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The grounds include a tree lined drive, a “secret garden”, a pool, a chalet style studio, a sauna, tennis court and even a croquet lawn and rose Pergola:

croquet lawn

The buyer will also enjoy a four door Aga – as well as a Siemens dishwasher, Neff electric hob with combination oven under and an American-style Amana fridge. The listing states that “Good local schools are numerous and include Eton College”.

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Selling the Westminster house, now the constituency mansion is up for sale, Guido would not be surprised to see that Afriyie is not a candidate in 2020…

mdi-timer 7 April 2016 @ 11:49 7 Apr 2016 @ 11:49 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments