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Jamie Ritblat's firm Delancey purchased "half the Olympic Village at a knock-down price, months after making a £50,000 donation to the Conservatives"; "the site where the athletes will stay during the Games for £557million – an estimated loss of £275million to taxpayers. The investment could net the firm enormous profits, experts say. It plans to let out most of the 1,400 homes." "In a further twist, Mr Ritblat's father, property giant , was chairman of the Conservative Party's Olympics Oversight Committee." 
His father is Sir John Ritblat.
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Resources and articles
- ↑ dailymail Tory donor snaps up Olympic Village at a knock-down price - and it's costing you £275m!, organizational web page, accessed October 15, 2012.