LORD MYNERS, the minister in charge of the government’s assault on tax havens, has used a blind trust to conceal £250,000 of his own money in an offshore shelter.
Details of the secret holding have been obtained by The Sunday Times as G20 leaders gather in London pledging to stamp out tax abuses.
Myners transferred 500,000 of his own shares in the Ermitage hedge fund, based in Jersey, into a blind trust when he became a minister in October.
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The criminal should be sacked
Showing posts with label Myners Criminal. Show all posts
Showing posts with label Myners Criminal. Show all posts
Monday, March 30, 2009
Lord Myners Hid His Money in Tax Haven
Labels:
Myners Criminal,
Offshore tax havens,
Tax avoidance
Friday, March 06, 2009
Treasury minister who approved Sir Fred's pension has £100,000 RBS pot of his own
He has faced a barrage of criticism over his involvement in agreeing RBS chief Sir Fred Goodwin's £700,000 pension.
And now it has been revealed that Lord Myners is himself drawing £100,000 a year in retirement income from a company linked to the nationalised bank.
The Labour City minister's £99,800-a-year pension stems partly from his time as a director with NatWest, which RBS bought in 2000.
Tory MPs are now raising questions about the extent of his personal knowledge of RBS's pension scheme.
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