Ardeshir Naghshineh

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Ardeshir Naghshineh is the founder of Norwich based property company Targetfollow Group.

Career

Naghshineh originally trained as a civil engineer in London and worked on projects such as the Thames Barrier.

In 1992 he started property company. Targetfollow Group. It now has a portfolio valued at over £1billion, containing over sixty investments in office, industrial and retail buildings. [1]

Administration

In 2010 Targetfollow faced administration for an unpaid loan of £230million. However, Naghshineh appealed to local MPs and candidates, including Richard Bacon, Norman Lamb, Chloe Smith and Simon Wright to help negotiate more time from Lloyds Banking Group.[2]

Political Donations

Recorded by the Electoral Commission:

Date Name of donor Amount Donated to Subsidiary (parties only)
20/06/2007 Ardeshir Naghshineh £25,000.00 Conservative Middle East Council
25/01/2008 Ardeshir Naghshineh £100,000.00 Conservative Middle East Council
10/04/2008 Ardeshir Naghshineh £9,000.00 Conservative Middle East Council
28/08/2011 Ardeshir Naghshineh £10,000.00 Liberal Democrats North Norfolk & Great Yarmouth
21/09/2013 Ardeshir Naghshineh £4,950.00 Liberal Democrats North Norfolk & Great Yarmouth
[3]


Notes

  1. Ardeshir Naghshineh Crazy Billionaire, accessed 20 February 2015
  2. Laura Chesters Norfolk MPs step in to bring Targetfollow back from the brink Property Week, 23 July 2010, accessed 20 February 2015
  3. Electoral Commission, Donation Search, accessed 20 February 2015