Tory co-chair benefited from £120k tax credits

The Pandora Papers revealed that Conservative party co-chairman Ben Elliot jointly owned a secret offshore film financing company that indirectly benefited from more than £120,000 of UK tax credits

Elliot was revealed to own a British Virgin Islands-based film financing company called E&G Productions, which he owned with Ben Goldsmith the brother of the Tory peer and minister Zac Goldsmith.

The company was created to fund ‘Fire in Babylon’ which was a 2010 documentary about the West Indies cricket team of the 1970s and 80s.

Analysis of financial disclosures in the Pandora Papers which were published by the International Consortium of Investigative Journalists on Monday revealed that E&G Productions held a controlling stake in the British company, WIB Productions, that made the film.

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