Daily Mail - - City & Finance -

WORK and Pen­sions Sec­re­tary Am­ber Rudd has handed back a £5,000 do­na­tion from a busi­ness­man at the heart of the Lon­don Cap­i­tal & Fi­nance scan­dal.

Rudd’s Hast­ings and Rye con­stituency was given the money last year by Si­mon Hume-Ken­dall, who was iden­ti­fied in a re­port by LCF’s ad­min­is­tra­tors as be­ing in­volved in a series of sus­pi­cious trans­ac­tions us­ing savers’ money. But she paid the cash back last month after ques­tions were raised over LCF. There is no sug­ges­tion Rudd ( pic­tured) knew about any prob­lems when the do­na­tion was ac­cepted.

Hume-Ken­dall, 65, a for­mer chair­man of the Tun­bridge Wells Con­ser­va­tives, founded LCF un­der a dif­fer­ent name in 2012. Com­pa­nies he con­trolled used LCF money to in­vest in de­vel­op­ments in the Do­mini­can Repub­lic and Cape Verde.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.