Nadhim Zahawi found himself in hot water after paying a huge settlement over alleged tax avoidance
Former Conservative party chairperson Nadhim Zahawi waves as he leaves the party head office in London, on January 24, 2023. © JUSTIN TALLIS / AFP
UK Prime Minister Rishi Sunak has sacked Nadhim Zahawi as Chairman of the Conservative Party over a tax affairs controversy.
Zahawi had faced calls to resign after it came to light that he settled a multimillion-pound tax dispute with His Majesty’s Revenue and Customs (HMRC) department while he was serving as Chancellor of the Exchequer. The matter revolved around Zahawi’s apparent failure to properly declare profits earned from the sale of his stake in YouGov, the polling company he had co-founded.
In a letter on Sunday, Sunak said that after the revelations about the MP’s “personal financial arrangements and declarations” came to light, he ordered an investigation into the matter. He said that Zahawi “undertook to cooperate fully with the inquiry.”
The findings showed that “there has been a serious breach of the Ministerial Code…As a result, I have informed you of my decision to remove you from your position in His Majesty’s Government,” Sunak told Zahawi in the letter.