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The Guardian - UK
The Guardian - UK
National
Jon Ungoed-Thomas

Zahawi urged to explain source of £26m mystery loans

Nadhim Zahawi YouGov Balshore Investments Dan Neidle Observer United Kingdom
Nadhim Zahawi was knocked out of the Conservative leadership race on Wednesday.
Nadhim Zahawi was knocked out of the Conservative leadership race on Wednesday. Photograph: Stefan Rousseau/PA

The chancellor Nadhim Zahawi is under pressure to explain the source of £26m of unsecured loans reported by his family property firm in 2018 as he faces questions over his tax affairs.

The millions of pounds of loans helped Zahawi and his wife buy properties across Britain, including commercial and retail premises in London, Birmingham, Brighton and Walton-on-Thames in Surrey.

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