Sorry Archery, I just sought some form of reason from you for your serious accusations, I wasn't expecting a response from anyone else).
My 'doubts' were raised with your comment about the tax efficiency of such a loan. The loan cannot be offset against tax as seems to be implied in your comment, only the interest on the loan and then only if the capital injected into the business was for a "qualifying purpose". as explained hereArchery1969 wrote: ↑Fri Apr 28, 2023 11:16 pmBoris has £6 million held in 2 bank accounts in Switzerland and Austria.
The reason for wanting the £800k loan was for 1. Keeping someone quiet and yes it involves offspring. 2. Borrowing the money as a loan which could be offset for tax reasons after it was paid into a company which he and his father owned.
Point 1 above could be a bomb shell and point 2 above is done all the time by many individuals.
I agree the attempts by some on the internet to evaluate a person's wealth give wide ranging assessments ... (some say Angela Rayner is worth over £5 million ... really, from her chequered background?) so again I wondered where the knowledge of the £6 million came from, it was a precise amount!