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Last updated on March 5th, 2018 at 01:45 pm
So much for poverty causing terrorism:
A suicide bomber who killed eight people at Aldgate Tube station on July 7 left £121,000.
The origins of Shehzad Tanweer’s riches are unknown as the 22-year-old terrorist worked part time at his family’s chip shop in Beeston, Leeds.
That’s around $A285,000. The little bastard killed people as they were on their way to work.
UPDATE from an English government insider:
I don’t believe that Shehzad Tanweer ever had assets of over £120,000.
This is just a guess, but what probably happened was that the senior members of the family will have bought two or three terrace houses in Beeston or Holbeck or Wortley or wherever and registered them in the name of Shehzad Tanweer at the Land Registry. This sort of manoeuvre means that the “beneficial owners” can hide behind the “legal ownership” of whoever is on the register.
This is useful for tax purposes and also for fiddling Housing Benefit payments where members of the same extended family rent each other’s houses (although I am certainly not suggesting this happened in this case). This normally works well but if the “legal owner” unexpectedly vaporises himself the “beneficial owners” have to go to the inconvenience and expense of going to the Probate Court to get their hands back on their property.
Despite Beeston being near the bottom end of the Leeds housing market, terrace properties can still sell for around £90,000.
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