Tory MP Nadhim Zahawi has close ties to area and led series of visits by UK MPs and then London mayor Boris Johnson

A Conservative MP will receive a payout of nearly £1.5m if the sale completes of the Kurdistan-based oil company for which he has worked since July 2015 alongside representing his constituents in Stratford-upon-Avon.

Nadhim Zahawi, who acts as chief strategy officer for Gulf Keystone, was granted “performance units” on Monday shortly before it emerged that China’s state-owned oil company Sinopec was in talks to buy the company, which is currently valued at about £350m.

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