Harrow School in money-laundering controversy
Documents filed at the High Court indicate that Harrow School received hundreds of thousands of pounds from companies that the National Crime Agency believes were part of a money laundering network, The Standard has reported.
The documents show that the Harrow Development Trust, which finances endowments and capital projects at the school, received “payments of £500,000” in 2014 from the Latvian account of a British Virgin Islands company that the NCA believes was channelling the criminal profits of Jahangir Hajiyev.
Hajiyev was the chairman of the International Bank of Azerbaijan at the time and his sons were pupils at Harrow. He was found guilty of fraud and jailed for 15 years in 2016.
The court papers also cite a 2012 “donation (charity) to a school in UK” of £300,000 via two companies involved in Hajiyev’s alleged money laundering operation.