How a Tory MP's made £370k from oil firm with debts of £470m while small investors suffer a share price crash



Small investors who put their faith in Gulf Keystone Petroleum have been huge losers as hopes that the troubled oil company will strike it rich in Kurdistan have so far come to nothing.
Despite this lamentable state of affairs, a handful of men at the top of the business have been making large sums.
Intriguingly, they include Conservative MP Nadhim Zahawi, who before the Gulf Keystone debacle was probably best known as the multi-millionaire founder and former chief executive of online pollsters YouGov. 
He is receiving upwards of £240,000 a year from the heavily-indebted company, even as... read more

 
5 October 2016 in Business, Views: 49
Source: Daily Mail
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