MP defends criticisms over oil firm’s finances
STRATFORD MP Nadhim Zahawi this week defended himself following revelations that he has made £370,000 from an oil company that is £470 million in debt.
Press reports have stated that Mr Zahawi has been making a fortune from his work with Gulf Keystone Petroleum while small shareholders in the company “have seen their investment all but wiped out”.
Mr Zahawi, who has been Stratford’s MP since 2010, was taken on as chief strategy officer for Gulf Keystone in 2015 on a salary of £20,125 a month for working between eight and 21 hours a week. This works out at more than £240,000 a year.
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