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RationalFX

  • Former deputy mayor shared in £750,000 dividend from RationalFX as staff were laid off

    Fintech

    The former deputy mayor of London shared in a £750,000 dividend from his now-collapsed foreign-exchange firm while scores of the company’s staff were laid off through the pandemic, City A.M. can reveal.

    RationalFX, founded and owned by Rajesh Agrawal, the former deputy mayor of London for business, was hit by the volatility of the pandemic
  • Labour candidate under fire after collapsed FX firm left clients £15m out of pocket

    Politics

    A Labour parliamentary candidate is facing questions over his past business ventures today after the FX firm he founded collapsed and left customers millions of pounds out of pocket.

    The collapsed foreign exchange (FX) firm owned by Labour candidate and former deputy mayor of London, Rajesh Agrawal, was holding millions of pounds in cash for a Maltese company linked with a bribery scheme, City A.M. can reveal.

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