[Diggers350] Queen lobbied Govt in 1970s to hide her embarrassing private wealth
Tony Gosling
tony at cultureshop.org.uk
Mon Feb 8 00:44:33 GMT 2021
Author of 'Who Owns Britain' ex Sunday Times Rich
List journo Kevin Cahill vindicated
Queen lobbied the Government in 1970s to hide her
embarrassing private wealth, according to memo
ttps://inews.co.uk/news/queen-lobbied-government-hide-wealth-1970s-memo-nationalarchive-862252
Government memos reveal the monarchs private
lawyer allegedly put pressure on ministers to change legislation
By <https://inews.co.uk/author/brendan-mcfaddeninews-co-uk>Brendan McFadden
February 7, 2021 10:59 pm
Britain's Queen Elizabeth II delivers the Queen's Speech on the
Government memos in the National Archives reveal
that the monarchs private lawyer put pressure on
ministers to change proposed legislation
The Queen lobbied the Government in 1970s to hide
her embarrassing private wealth, it is claimed.
Government memos in the National Archives reveal
that the monarchs private lawyer put pressure on
ministers to change proposed legislation in order
to hide how much cash she has.
According to the documents the changes were made
in the 1970s which resulted in a state-backed
shell corporation being created which kept The
Queens private shareholdings and investments
secret from the public until at least 2011.
Although Her Majestys true wealth has not been
revealed it is estimated to be hundreds of
millions of
pounds,<https://www.theguardian.com/uk-news/2021/feb/07/revealed-queen-lobbied-for-change-in-law-to-hide-her-private-wealth>
The Guardian reports.
It is believed the monarch made the changes
through a parliamentary procedure, known as
Queens consent, which means she must be
consulted before legislation can be approved by parliament.
Crown protections
File photo dated 03/07/18 of Queen Elizabeth II attending a rec
Although Her Majestys true wealth has not been
revealed it is estimated to be hundreds of millions of pounds
It also requires ministers to alert the Queen
when legislation might affect either the royal
prerogative or the private interests of the crown.
According to the royal familys website it is a long established convention.
It is also regarded by constitutional scholars as
a harmless example of the elaborate ceremonies that monarch takes part in.
According to the papers created in November
1973, The Queen feared a proposed bill to bring
transparency to company shareholdings would
result in the public scrutinising her finances.
Lawyer told to pressure Government
It is claimed that she then asked her private
lawyer to press the government to make changes.
Matthew Farrer allegedly spoke with civil
servants at the then Department of Trade and
Industry about proposed transparency measures in
the Governments companies bill.
The bill was put in place to prevent investors
from secretly building up significant stakes in listed companies.
According to documents at the meeting, Farrer
explained the Queens objection that the law
would reveal her private investments in listed companies and their their value.
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He proposed that The Queen should be exempted.
A civil servant called CM Drukker wrote on 9
November: I have spoken to Mr Farrer.
As I had recalled he or rather, I think, his
clients are quite as concerned over the risk of
disclosure to directors of a company as to
shareholders and the general public. He justifies
this not only because of the risk of inadvertent
or indiscreet leaking to other people but more
basically because disclosure to any person would be embarrassing.
Thomas Adams, a specialist in constitutional law
at Oxford University claims the documents reveal
the kind of influence over legislation that lobbyists would only dream of.
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'From South America, where payment must be made
with subtlety, the Bormann organization has made
a substantial contribution. It has drawn many of
the brightest Jewish businessmen into a
participatory role in the development of many of
its corporations, and many of these Jews share
their prosperity most generously with Israel. If
their proposals are sound, they are even provided
with a specially dispensed venture capital fund.
I spoke with one Jewish businessmen in Hartford,
Connecticut. He had arrived there quite unknown
several years before our conversation, but with
Bormann money as his leverage. Today he is more
than a millionaire, a quiet leader in the
community with a certain share of his profits
earmarked as always for his venture capital
benefactors. This has taken place in many other
instances across America and demonstrates how
Bormanns people operate in the contemporary
commercial world, in contrast to the fanciful
nonsense with which Nazis are described in so much literature.
So much emphasis is placed on select Jewish
participation in Bormann companies that when
Adolf Eichmann was seized and taken to Tel Aviv
to stand trial, it produced a shock wave in the
Jewish and German communities of Buenos Aires.
Jewish leaders informed the Israeli authorities
in no uncertain terms that this must never happen
again because a repetition would permanently
rupture relations with the Germans of Latin
America, as well as with the Bormann
organization, and cut off the flow of Jewish
money to Israel. It never happened again, and the
pursuit of Bormann quieted down at the request of
these Jewish leaders. He is residing in an
Argentinian safe haven, protected by the most
efficient German infrastructure in history as
well as by all those whose prosperity depends on his well-being.'
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