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Ian Taylor requests removal from honours list

Ian Taylor, chief executive of Vitol Oil, had given hundreds of thousands of pounds in donations to the Tories. Vitol was among the 2,200 companies found guilty in the US of providing illicit payments to government officials under the UN oil-for-food programme and has had scrapes with HM Revenue and Customs over a employee benefit scheme for senior staff it set up but later dismantled. Cameron wanted to give Taylor a KNIGHTHOOD but Taylor wishes to distance himself from the list.

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