UK: MAN BEHIND £2.6 BILLION BATTERY FACTORY PLAN QUITS AFTER TAX FRAUD CONVICTION EMERGES

On 15 December, LBC reported that the co-founder and chairman of the company planning to build the UK’s first gigafactory in the North East of England has quit after it emerged he was convicted for tax fraud in Sweden more than 20 years ago.  He was also later accused of acting negligently by Sweden’s tax authority over a separate unpaid tax bill for one of his companies in 2011.  The Swede also has links to Russian businessman Vladimir Antonov, the former Portsmouth FC owner who jumped bail in England 5 years ago.

https://www.lbc.co.uk/business/afcb29a2dde44bfa97df5419d4befa77/

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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