Chances are you’ve never heard of multi-billionaire New Zealander Christopher Chandler.
Chandler heads a private, multi-billion-dollar investment fund based in Dubai, called Legatum Capital. Legatum invests in companies in developing countries such as India, Russia, Latin America and Eastern Europe.
For some time now, Legatum has been forging close links to many leading Brexiters in the UK and the company has now emerged as the main adviser to Theresa May and David Davis on its Brexit negotiations with the EU.
Here’s a familiar face speaking at a Legatum event:
In recent months, Legatum has created something it calls the Special Trade Commission, which has produced a lot of papers advising the May government to take a hard line with the EU and arguing for the hardest of hard Brexits, including insisting that Britain leaves both the customs union and the single market (from its web page):
May has even appointed a Legatum commissioner – another New Zealander Crawford Falconer – to be the UK’s chief trade negotiator for post-Brexit deals. However, in the government’s own press release about the appointment, there is no mention that Falconer works for Legatum.
In its mission statement, Legatum openly admits its aim is to influence the British government on Brexit, and what it calls “other stakeholders”:
But why would a New Zealand private capital investment firm based in Dubai be so interested in a hard Brexit anyway?
Fortunately, the (far) right-wing US pressure group Heritage Foundation helpfully explains it all (to its readers in the US anyway):
According to the Heritage Foundation, Legatum is campaigning to set up a bilateral free trade agreement between the UK and the United States, which will “liberalise” UK regulations on the environment and workplace:
So all now becomes clear.
Theresa May is being “shepherded” to a hard Brexit by a Dubai-based private capital investor from New Zealand, just so he and his multi-billionaire mates can get more lucrative UK government contracts unhindered by those pesky EU regulations on environmental protection and workplace rights such as rules relating to hazardous waste and pollution and statutory rights such as maternity and sickness leave, minimum wages etc etc:
No wonder so many Tories love the idea of a hard brexit so much …
Pride's Purge 
Reblogged this on idontbelieveitagain.
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Just one of the Puppet-masters pulling the strings of this puppet government unfortunately . . .
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Reblogged this on sdbast.
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Good work!
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Is this a logical continuation of UKASE? Where NZ still has an important role?
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Reblogged this on David's Blog.
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Reblogged this on campertess.
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Reblogged this on Declaration Of Opinion.
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Reblogged this on SidLabour.
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The is NO hard Brexit.
There is only LEAVE the EU which is what people voted for.
We all knew, as both sides said before the referendum, leaving meant leaving the single market and customs union.
More remains bullshit
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Reblogged this on MAL's MURMURINGS.
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Reblogged this on scottishactivist0.
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This article seems to be very confused between Legatum Group (including Legatum Capital) and the Legatum Institute. They are not the same. This confusion illustrates a fundamental failure to understand the political influences at work here. That said, such a close relationship is likely to bring about a Brexit process which will be good for big business rather than ordinary people.
[Congratulations! You win the award for most idiotic comment. The Legatum Institute is owned, funded, supported, sponsored and controlled by the Legatum Group. Yeah – but the name’s slightly different though.] – TOM
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no brexit
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The UK as turned into a play toy for bankers and they don’t care about the country or its people
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It has become obvious that Brexit is being influenced by another interested party as the present gov shows no evidence of brains that work. The obvious motif for this is ‘asset stripping’ on a grand scale which tories excel at facilitating. just see the sell off of our nationalised industries.
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No Tom, it’s rather more than a slight difference in the name. The Legatum Institute is NOT owned by the Legatum Group. Furthermore, it is a charity registered in the UK, whilst Legatum is a group of companies registered in the UEA. It is therefore subject to UK charity law, whilst the companies are plainly not. Do you not understand the practical and political difference?
However, as I said, such a close relationship is likely to bring about a Brexit process which will be good for big business rather than ordinary people.
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Do these rich people with their greedy and selfish and secret agendas,get charity status? WHY ? There is so much under hand dealing going on, we are being by crooks with fortunes.
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Robert Galloway – You’re right that the rules for getting charitable status are a joke. Single party think-tanks or public schools such as Eton College are prime examples. The problem is that no government (Tory or Labour) wants to change them because they ALL use charity status to their political advantage. I think Tom Pride wasn’t aware that the Legatum Institute is one such.
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Isn’t it better that a business is running the brexit deal the British government haven’t done a very good job of it up until now i.e- being completely unprepared, and this is a business deal after all. People seem to automatically go for the negative and think it’s a big business must be run by some Mr Burns type character, obviously they’re going to look to make themselves money but maybe just maybe looking for a good deal for the country as well
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maybe but doubtful lol …the bottom line is nothing can be done to stop them anymore as they have well and truly won the ‘we won you lot lost war’.
All I wish is some law organisation goes rouge and puts the politicians in pockets over the last 30 years into prison for treason….won’t change a damn thing for the majority of the worlds peoples lives but will sure as hell cheer a few of us up for a week or so.
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No, this isn’t a business deal. This is about things far more important than that like long term geopolitical posture and position, national security and the type of society we want to have. A hard Brexit is a gift for the foreign currency using vulture capitalists as Britain will turn into basket case within a year. A “no deal Brexit” is like a “no parachute skydive”, things like medical supplies will be cut off, as systems that take years to create will not be in place. Thinking this a business deal has got us to where we are – the brink of failure.
Some perspective from afar
http://edition.cnn.com/2017/09/22/opinions/may-brexit-speech-opinion-garvan/index.html
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