Thread by @dave43law

It is not the first time Mr Zahawi, an MP since 2010, has faced financial controversy.
Mr Zahawi was paid more than £1 million over two years as a part-time adviser to an oil company operating in the Gulf.
However, his income at the time from Gulf Keystone Petroleum

was met with criticism from shareholders — who had seen their investment drop from a share price of 425p to 104p. There was no suggestion of any impropriety by Mr Zahawi.
He worked as chief strategy officer for Gulf Keystone Petroleum,

a British oil and gas exploration and production company in Iraq.
During his time at the company from 2015 to 2017, he accrued more than £1 million in salary and bonuses, according to his registered list of interests.

Before his resignation from Gulf Keystone Petroleum in 2018, he was being paid £30,000 a month for working eight to 21 hours a week.
The co-founder of Gulf Keystone Petroleum, Todd Kozel, was sentenced to jail in the US last year for wilful failure to file tax returns

from 2011 to 2015. He was ordered to pay $29.5 million.
Before joining Gulf Keystone Petroleum, Mr Zahawi was an adviser for oil group Afren.
Its former executives, Osman Shahenshah and Shahid Ullah, were jailed in 2018

for fraud and money laundering offences over Nigerian oil deals worth $300 million. The UK's Serious Fraud Office recently confiscated £5.45 million from them.

Details from The National
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