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HOUSE_OVERSIGHT_028325

House Oversight Committee
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THE INDEPENDENT ON SUNDAY 10 OCTOBER 2010

NEWS | Business

Help jobless homes, help the economy

= The City Diary

The Prince and the

Another week, another meeting betw: BG Group (British Gas in old money) a Prince Andrew, our special representa international trade and investment. Tt company has a rather cosy relationsh the Duke‘of York, having met him thr in five weeks early this year.

Now | see that BG's chief executive Chapman, was back at the Palace last his fourth audience in six months, wh nothing to quell rumours that someth rumbling in Kazakhstan, where the ce has important interests.

Prince Andrew Is exceptionally w connected in that country through F friendshia with Goga Ashkenazi (toy socialite-cum-oil executive who has with Timur Kulibayev, the son-in-la\ Kazakhstan's president. Kulibayev a bought a house from the Prince, sor for a generous fee.

Horse trials

Betfair, the soon-to-be- floated betting exchange, reveals in its prospectus that it has abandoned its new high- roller business, which it was testing out. This was despite it booking first-quarter revenues of £25m and making a £7m profit — at least at the Ebitda level - but it did involve the company taking on the

HOUSE_OVERSIGHT_028325