Swire’s pal takes ‘leave of absence’ from Lords to pursue his Russian ties and so avoids register of interests

Swire and Lord Barker went into business together asper his entry in his register of interests:

“From 12 December 2016, partner in Eaglesham Investments (not yet trading) which was set up to focus on renewable energy projects. (Registered 22 May 2018)”

https://publications.parliament.uk/pa/cm/cmregmem/190423/swire_hugo.htm

Note that for 17 months Swire did not put this (still dormant) company on his register of interests and Owl wonders what exactly this company is for.

Sunday Times:

“… Lord Barker is the independent chairman of En+ Group, a Russian aluminium and power company part-owned by the oligarch Oleg Deripaska, an ally of Putin.

In February, Barker took a leave of absence from the Lords, meaning he no longer has to register his interests. He is still allowed to use his title, however.

Barker was involved in discussions with the US government over sanctions imposed on the company in April 2018, a process that led to them being lifted in January after Deripaska reduced his shareholding and independent directors and trustees were appointed. …”

Source: Sunday Times (pay wall)

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