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rajesh agrawal

  • 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, Morning Wire 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’s collapsed FX firm set to leave customers £13m out of pocket

    Insolvency

    Customers of the collapsed payments firm owned by Labour candidate Rajesh Agrawal are set to recover as little as ten per cent of the £15m they lost when it folded into administration last year, administrators have revealed.

    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, Morning Wire can reveal.

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