Richard Caring
Revision as of 11:01, 11 February 2015 by Josh Leeson (talk | contribs)
Richard Caring is a British retail magnate.
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 |
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
