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Sir Stelios and the Honours List 17 June 2006

Posted by David in Uncategorized.

EasyJetSo the Birthday Honours are over, and unusually they seem alright to me, compared to normal anyway. Heading the bill is Stelios, founder of Easyjet, seller of cheap flights for the masses, and scourge of the Liberal Democrats who hate him as a successful, cheap flight selling popular figure – all the reasons he deserves his knighthood. Showing just what the free market can do, Stelios always seems happier than most businessmen (particularly his Ryanair counterpart) and doesn't seem bothered that no one can remember his name, let alone pronounce it (it's Haji-Ioannou by the way). Now he needn't worry – Sir Stelios it is.

It was also only a matter of time before King of the High Street and man behind the Top Shop turnaround Philip Green was given a knighthood, it would have been sooner had he saved Marks and Spencers. The same applies for Rolf Harris and Esther Rantzen with their CBEs – I'm surprised she hadn't already had any. Esther's award is greatly deserved for her work with ChildLine, which she created.

So for once the headline grabbing names of the honour's list I actually support. So to finish off a day of posts all for some strange reason leading me to quote Margaret Thatcher, why change now; "it's a funny old World."



1. nick hilton - 16 July 2006

Sir Stelios Knighthood Cover Up
Stelios was granted a knighthood but no journalist has stepped up to the plate to investigate whether it was appropriate to grant a knighthood to a Monaco resident tax exile who is extremely controversial.
In April 1991 when Stelios Haji-Ioannou, was chief executive of his father’s business Troodos Shipping, their tanker Haven blew up off Genoa, killing five crew and disgorging up to 50,000 tonnes of crude oil into the sea – arguably the Mediterranean’s worst-ever ecological disaster.
The Haven was an elderly tanker, formerly the Amoco Haven, sister ship of the ill-starred Amoco Cadiz that foundered in 1978. Stelios was accused of poor maintenance and charged in Italy with manslaughter and intimidating and attempting to bribe witnesses. He faced a lengthy jail sentence and liability for hundreds of millions of pounds compensation. Stelios blamed an error by one of the surviving crew. He was acquitted but the case has dragged on ever since with subsequent appeals and demands for compensation thrown out. Environmentalists also must be appalled that a person who was personally responsible for an increase in pollution due to his extensive use of elderly ineffiecient aircraft in the early days of easyJet prior to its merger with GO. Is rewarded with a knighthood.
Tax treatment of aviation fuel as opposed to heating oil and petrol.
Inland Revenue investigators must also see the reward as a slap in the face for hard working UK tax payers. During the last 25 years Stelios has polluted the world including Cypriot beeches. He has been accused of bribery and intimidation. He has avoided tax. He has been taken to court hundreds of times. And yet he is knighted.

When is a journalist going to make a name for themselves by investigating Stelios thoroughly and expose him? Stelios Haji-Ioannou’s success? what success is that? every single business he has started has failed with huge losses of ?100s of millions. The only reason easyJet went ok was firstly because his shipping tycoon dad financed the operation and his brother and sister were co-owners. Please tell the world how successful easyInternet, easyCinema, easyCarRentals, easyWatches, easyMobile, easyMusic, easyBus, easyHotel, have been. I can inform you that they have lost a cummulative £300,000,000.00 since inception. The only reason he got his knighthood because of his donation to the Labour Party it had nothing to do with the queen. As Stelios is a Monaco resident and a tax exile he is only entitled to an honarary knighthood anyway and as soon as the newspapers catch on it will be downgraded. Or if he wants to keep it he can register for UK tax and pay millions to the Inland Revenue!
I am a Greek Cypriot and do not consider Stelios one of us. He does not send one penny of his money to Cyprus and left Cyprus when his family was involved in scandal. He lives in Monaco where he gambles in the casino and sleeps with rent boys.
Hella pushti malaga.

2. cyprus tax - 1 March 2010

Great added value comment.
Quite controversial though the discussion about Monaco residency, especially coming from a resident of a country which attracts a great part of national income from tax related services..

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