TORY minister Nadhim Zahawi agreed to pay a penalty as well as settle a multi-million pound tax bill with the HMRC, reports say.
Zahawi, who also serves as the Conservative Party chair and attends Cabinet, paid an estimated £5 million to the tax man after his finances were probed, according to the Guardian.
As part of the settlement, the Tory MP also agreed to pay a penalty, something imposed by the HMRC if the correct tax is not paid at the correct time.
