Following on from the recent A Bridge Too Far article looking into the relationship between the Garden Bridge Trust and Glencore, along with their child labour, death squads, tax evasion and more, now we look at another of their key donors.
In another contribution from SouthBankTales the critical eye falls on The Taylor Family Foundation and that greenest of industries, oil.
The Garden Bridge are “thrilled” to be sponsored by the Taylor Family Foundation. An hour on Google can drive you to despair – what a shitty, bloody business this bridge building is.
The Taylor Family Foundation’s objective, their web site says, is to “help and support children and young people”. The Foundation gets through roughly £1,5m pa, half of which always goes to the Royal Opera House and the Tate. Home Start Morton, a heavily featured project on the Foundation web site, got £7,500. The £2m pledged for the Garden Bridge, not found on the Foundation web site, would be an exceptional transaction indeed.
Foundation guvnor Ian Taylor is CEO of Vitol Oil. Vitol make $270bn annual sales. Vitol’s London executives are renowned in the industry for their enormous wealth, and use of private helicopters and personal jets. Ian Taylor is worth £155m himself.
Some bullet points about Vitol Oil:
Paid Serbian war criminal Arkan $1m to recover debt Guardian
Traded oil with Iran against UN sanctions Reuters
Despite (or because of) his business partnership with/personal ties with/donations from Vitol, Government Minister Alan Duncan lobbied for sanctions against Gaddafi. Vitol then scored 100% of the contract to trade oil with rebel groups. Guardian | DailyMail
Vitol’s grab for post war Libyan oil was supported by Cameron and MI6 Reuters
Caught up in cash for access scandal Mirror
Leaked internal documents show in 2013 Vitol paid only 2.6% tax on global profits of $846m Independent
Part of secret lobby group in Washington Intercept
Vitol refused to sign a voluntary pledge to improve commodities sector transparency OilTradingGroup
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