Difference between revisions of "Richard Caring"
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| + | ==The Black and White ball 2015== | ||
| + | On the 9 February 2015, the [[Conservative Party]] held their 'Black and White ball' election fundraiser at the Grosvenor Hotel in London. The event was attended by almost the entire Cabinet, [[Boris Johnson]] and [[George Osborne]] did not attend due to the G20 event, and by party donors including; hedge fund boss [[Stanley Fink]] (Lord Fink), who wants Britain to rival offshore tax havens with an equally generous tax regime; founder of [[Lycamobile]], who paid no corporation tax between 2007 and 2014 despite generating millions in revenue, [[Subaskaran Allirajah]]; jewellery tycoon [[Ranbir Singh Suri]] and lap dancing club owner [[Peter Stringfellow]]. | ||
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| + | As a further way of raising money at the event the Party sold one off prizes, including events with Ministers. Caring donated a night's exclusive use of his private members' club 'Annabel's' for the auction, which sold for £110,000.<ref> Rajeev Syal and Rowena Mason [http://www.theguardian.com/politics/2015/feb/09/conservative-donors-pay-up-to-15000-for-table-at-election-fundraiser Conservative donors pay up to £15,000 for table at election fundraiser] ''The Guardian'', 9 February 2015, accessed 11 February 2015 </ref><ref> Rajeev Syal, Rowena Mason and Robert Booth [http://www.theguardian.com/politics/2015/feb/10/tory-donors-bid-shoe-shopping-theresa-may-10km-run-ids Right bids? Tory auction offers shoe spree with May or 10km run with IDS] ''The Guardian'', 10 February 2015, accessed 11 February 2015 </ref> | ||
==Affiliations== | ==Affiliations== | ||
Revision as of 12:04, 11 February 2015
Richard Caring is a British retail magnate.
Contents
HSBC Swiss leaks
In 2015 a a major investigation by the International Consortium of Journalists into leaked records from HSBC's Swiss banking arm revealed Caring as holding offshore assets in a tax-free Geneva account.
Clinton Foundation donor
Leaked HSBC bank’s internal records show Caring used his tax-free Geneva account to transfer $1m into the New York-based foundation.
- Caring was legitimately permitted to keep his assets offshore by a hereditary quirk of UK tax law, under which he is registered as “non-domiciled”, courtesy of his Italian-American father. The HSBC records suggest Caring’s $1m donation was paid in return for former president Bill Clinton’s attendance at a lavish costume charity ball organised by Caring in St Petersburg, Russia. [1]
UK Donations
| Date | Amount | Type of donation | Party donated to | Subsidiary of party |
|---|---|---|---|---|
| 31/03/2010 | £28,993.82 | Sponsorship | Conservative Party | Central party |
| 31/03/2010 | £140,000.00 | Auction prizes | Conservative Party | Central party |
| 23/07/2012 | £45,506.93 | Sponsorship | Conservative Party | Central party |
| 23/07/2012 | £7,500.00 | Cash | Conservative Party | Central party |
The Black and White ball 2015
On the 9 February 2015, the Conservative Party held their 'Black and White ball' election fundraiser at the Grosvenor Hotel in London. The event was attended by almost the entire Cabinet, Boris Johnson and George Osborne did not attend due to the G20 event, and by party donors including; hedge fund boss Stanley Fink (Lord Fink), who wants Britain to rival offshore tax havens with an equally generous tax regime; founder of Lycamobile, who paid no corporation tax between 2007 and 2014 despite generating millions in revenue, Subaskaran Allirajah; jewellery tycoon Ranbir Singh Suri and lap dancing club owner Peter Stringfellow.
As a further way of raising money at the event the Party sold one off prizes, including events with Ministers. Caring donated a night's exclusive use of his private members' club 'Annabel's' for the auction, which sold for £110,000.[3][4]
Affiliations
- UK prime minister David Cameron's Leader's Group - Conservative Party donors who give more than £50k annually
Notes
- ↑ Paul Lewis in New York and James Ball in London, Clinton foundation received up to $81m from clients of controversial HSBC bank, The Guardian, 10 February 2015 06.00 EST, accessed same day
- ↑ Electoral Commission, Donation Search, accessed 11 February 2015
- ↑ Rajeev Syal and Rowena Mason Conservative donors pay up to £15,000 for table at election fundraiser The Guardian, 9 February 2015, accessed 11 February 2015
- ↑ Rajeev Syal, Rowena Mason and Robert Booth Right bids? Tory auction offers shoe spree with May or 10km run with IDS The Guardian, 10 February 2015, accessed 11 February 2015
