Graham King, the CEO of Clearsprings Ready Homes, recently faced scrutiny for his extravagant lifestyle funded by taxpayer money as his company nets a staggering £48 million per day from the Home Office for housing migrants. During a luxurious stay at the five-star Sina Brufani Palace in Italy, King expressed numerous complaints about the hotel, revealing a stark irony given the poor accommodations many asylum seekers endure in the properties managed by his firm. Records indicate that Clearsprings has a turnover of £1.7 billion, cushioning King’s wealth, now estimated at £750 million, as concern grows regarding the deplorable conditions reported in many migrant housing facilities, which have been labeled as ‘asylum slums’ by critics.
King’s lavish lifestyle includes frequent global travel with his 39-year-old Latvian girlfriend, Lolita Lace, funded largely by government contracts that form the backbone of his business. As he enjoys lavish vacations and Michelin-star dining, asylum seekers reportedly face severe conditions, leading to numerous complaints against Clearsprings. Criticism has intensified as more than 900 of the 1,500 complaints received by the Home Office about asylum accommodations last year were linked to King’s company.
Despite these issues, his company continues to thrive, with minimal response from authorities about the systemic inequities within the asylum system.
