British asylum hotel tycoon accused of paying 16,000,000 to ‘offshore account’ | UK News [Video]

A company that provides asylum hotels has paid millions of pounds to what appears to be an offshore consultancy firm with links to its Essex businessman founder.

An analysis of financial records for Clearsprings Management Limited, by Liberty Investigates, has uncovered £16 million worth of payments to ‘Bespoke Strategy Solutions Ltd’.

The ‘consultancy’ firm is at least partly owned by Clearsprings’ founder and director Graham King, 57, an entrepreneur from Canvey Island in Essex, the investigation has found.

Clearsprings is a major Home Office contractor, paid £3,500,000 a day to accommodate arrivals in the UK.

Yet Bespoke Strategy Solutions Ltd is not listed on Companies House, a database that all companies in the UK must register with, or global business lists.

Clearsprings’ own end of year accounts (filed with Companies House) identify BSS as a related party “of Clearsprings (Management) Limited by virtue of their common shareholder, G King”.

Tax …