Sajid Javid arrived outside his new place of work at the Home Office with a sense of purpose but he is already being asked questions about his dubious links to a known tax-evading bank.
Javid is said to have worked for Deutsche Bank, US President Donald Trump’s bank of choice, as a director in 2000 and then as a managing director in 2004. He left the bank in 2009, when his salary would have been around £3mn ($4.1mn) a year, according to Bloomberg, to start a career in politics.
Sajid Javid reportedly earned £3 MILLION a year as an investment banker before being elected to Parliament, where he voted 16 TIMES against a Bankers' Bonus Tax.
Another Tory protecting the few and ignoring the many.
— Richard Burgon MP (@RichardBurgon) April 30, 2018
When pressed by presenter Jon Snow on Channel 4 News as to whether he knew about Deutsche Bank adopting a system, which helped them evade British taxes by paying senior employees through a Cayman Island entity, Javid could not confirm that he didn’t know about the scheme. He could only declare that he had “never benefited from such a scheme.”
The new home secretary has also faced criticism over his handling of the rehousing of the Grenfell survivors in his previous role as minister for communities and local government. In the immediate aftermath of the Grenfell fire, Sky News reported that Theresa May’s government had promised that residents of Grenfell would be rehoused “within three weeks at the latest.”
Javid, the minister at the time tasked with making this happen, failed to deliver on this promise. Furthermore, in an address to parliament last month concerning the issue of rehousing, he said that those left homeless following the Grenfell fire would not be rehoused within the year of the disaster taking place, according to The Guardian.