A Conservative MP and former minister is listed in shareholder registers as personally owning stakes in companies worth nearly £500,000, raising questions about the effectiveness of the controversial parliamentary “blind trust” system used to buy the shares.
Jonathan Djanogly, the MP for Huntingdon, holds shares in Lloyds Bank worth more than £180,000, has an investment worth £120,000 in the housebuilding company Persimmon and a stake worth almost £80,000 in Sainsbury’s. He has smaller stakes in six other companies including the energy supplier Centrica.
