MP Ynys Môn receives £ 20,000 donation from retired City of London hedge fund manager

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Virginie Crosbie, MP for Ynys Môn. Photo by Roger Harris (CC BY 3.0).

Ynys Mon Tory MP Virginia Crosbie recorded a five-figure donation from a retired City of London hedge fund manager who recently said he was “very tough.”

The last register of deputies interests includes £ 20,000 in support of Patrick Evershed’s Crosbie, who remains a director of an investment fund registered in Ireland and chairman of the Cities of London and Westminster Conservative Association.

Crosbie, who was chairman of the Kensington, Chelsea and Fulham Tories before being elected in 2019, has now benefited from more than £ 37,500 in donations from London donors, including property tycoons and elite private clubs, to her or to the curators of Ynys Môn.

The MP also recorded her first donation from Ynys Môn, with £ 2,000 from Goredd Limited whose nature of business is listed as ‘other rentals and operations of own or leased real estate’ on Companies House.

His latest and biggest donation comes just five months after Evershed told the Time: “I am very tough because many companies have reduced their dividends.”

“I am entirely dependent on dividends,” he explained. “All of my savings are in stocks that I bought and I need dividends to live on. There are a lot of people like me.

‘Rich’

Evershed’s poverty advocacy comes despite investment in Ireland trust of which he is a director, with his wife and an Irish “entrepreneur”, holding more than half a million pounds according to his latest accounts.

Election Commission records also show he has made 62 Tory donations worth £ 492,000 over the past 20 years and that the £ 20,000 support for Crosbie is the fourth largest.

Theresa May nominated him for a CBE for public and political service in her resignation honors list, which was labeled “the last act of a prime minister who never took care of herself and herself. its rich supporters and allies ”by the Labor Party.

‘Voice’

Evershed’s contribution to maintaining Ynys Mon’s curator comes after Crosbie receives £ 7,500 from a UK trust fund 172nd richest family in November, £ 4,500 from the Carlton Club in January, £ 2,000 from a high-end London real estate agency in March and £ 3,500 from the United and Cecil Club last January.

Crosbie previously told Nation.Cymru that some of the money was used to fund brochures on employment and mental health, saying, “I make no apologies for taking donations from London based organizations and use them for the good of my constituents here on Ynys Môn. “

But critics will say the nature of giving clashes with the image of a “conservative blue collar” she’s been trying to build since becoming an MP.

His website cites his “working class background” and Crosbie told MPs in his inaugural address: “I am the first person in my family to stay in school beyond the age of 16… I want to be a voice in this place for those who have no voice.


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