A Canadian multimillionaire, who founded a chain of Ontario private schools, acted as a guarantor for a credit facility for former British prime minister Boris Johnson, to help fund his lifestyle while he was in Downing Street.
Mr. Blyth, who is a distant cousin of Mr. Johnson, told The Globe and Mail that the financial arrangement was approved by the British government’s Cabinet Office and its ethics body before it was put in place. Mr. Blyth, who has now sold his chain of private schools, is distantly related to Mr. Johnson through the former PM’s father, Stanley, an ex-member of the European Parliament.
The Conservative former mayor of London earned £164,000 as prime minister and had two homes, including a flat in Downing Street and a country retreat at Chequers.
Source: Loan Digest (loandigest.net)
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