Tory party chair urged to explain how he has managed his family’s fortune, after controversy over his tax affairs

Nadhim Zahawi, the beleaguered former chancellor and current chair of the Conservative party, is under pressure to reveal the source of about £30m of unsecured loans made to his wife’s UK property company.

The loans were used to finance parts of a large UK property portfolio, reported last year as worth about £100m, and were declared in company accounts which span a period from 2017 to 2021 but give no information about who the lenders are.

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