Vegas casino billionaire bankrolls the Tories

December 30, 2007 8:19 pm

A FINNISH billionaire who inherited a fortune from the arms trade and has extensive gambling interests in Las Vegas has emerged as one of David Cameron’s major financial backers.

Poju Zabludowicz, who lives in London, has donated £70,000 to the Conservative party over the past three years. He is also one of the financial supporters of the Conservative Friends of Israel, which has also given to the party.  Zabludowicz, 55, heads the Tamares Group, which has its headquarters in Liechtenstein and has an international property portfolio, which includes a number of hotels and casinos in Las Vegas. Zabludowicz is calculated by The Sunday Times Rich List to be worth more than £2 billion.  According to Electoral Commission records, Tamares provided £15,000 for Cameron’s leadership campaign in 2005 and has donated £55,000 to Conservative funds in 2006 and 2007.  Zabludowicz has also provided funds for the Conservative Friends of Israel, which in turn has donated nearly £30,000 to the Tory party.

Cameron already enjoys the backing of another foreign businessman, Mahmoud Khayami, a French citizen who has given £830,000 in the past year.

 read the rest published by Times Online here:

http://www.timesonline.co.uk/tol/news/politics/article3107950.ece

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