Seven properties bought for more than £10m are mortgage-free, while two more were part-funded by £10m of loans from Mr Zahawi’s wife Lana. Mr Zahawi only names one of her three property firms in his register of interests and is not required to identify individual property investments. It is not known who owns Berkford but it is based in the same office as another firm controlled by Mr Zahawi’s dad. Most were purchased by Zahawi & Zahawi Limited, the company Mr Zahawi set up with his wife five weeks after he became an MP in 2010. Tory Mr Zahawi was chief strategy officer for oil firm Gulf Keystone between 2015 and 2017.
Source: Daily Mirror July 18, 2021 19:07 UTC