Documents uncovered by openDemocracy reveal that Brexit Party chairman Richard Tice signed papers selling a valuable Florida property to an offshore company for just $10, in an arrangement which tax experts and politicians say “beggars belief”.
Tice is standing for election in the Brexit Party target seat of Hartlepool. Last month, openDemocracy reported that the largest shareholders in one of Tice’s family businesses – Sunley Family Limited – are two firms based in Panama and the British Virgin Islands, both of which are jurisdictions known to shield wealth for elite clients.
Tice said that he did not know and had “nothing to do with” the Panamanian company Sunciera, which for 25 years has owned a large stake in Sunley Family Limited.
