LONDON (Reuters) - Two senior British parliamentarians called on Friday for an investigation into a British-registered company possibly linked to last year’s devastating explosion in Beirut, after Reuters found that the firm had not disclosed its beneficial owners.
Reuters TV/via REUTERS/File PhotoThe company, Savaro Ltd, is registered at a London address, and like all British firms is required to list who owns it with Britain’s companies register, known as Companies House.
“The person who was and has always been the UBO (ultimate beneficial owner) of the company was always the same.
Margaret Hodge, a British lawmaker and former cabinet minister who headed parliament’s public affairs committee from 2010-2015, called the apparent failure to list Savaro’s ultimate beneficiary at Companies House “outrageous”.
Under legal changes in 2016 -- introduced as part of an anti-corruption campaign by Prime Minister David Cameron -- that should be a straightforward matter of looking the information up with Companies House, Cowdock added.
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