Tchenguiz is known as a major donor to the Conservative Party (UK) and an investor in the controversial company SCL Group, known for the Facebook–Cambridge Analytica data scandal involving its subsidiary.
[3] His family left Iraq in 1948 and settled in Iran, where his father, Victor Tchenguiz, a jeweler, worked for the Shah and ran the country's mint, even though he was a foreigner and was Jewish.
[5] Upon completion of university, Vincent Tchenguiz took employment in London with Prudential Bache as a senior vice president in their fund management division, where he traded financial instruments.
Consensus functions as the principal advisor to a family trust, advising on an investment portfolio of residential freeholds and commercial properties valued by Lazard in 2012 at approximately 3.0 billion pounds.
Consensus also advises on other investments, including health care, clean technology, biotechnology, homeland security and holdings in funds valued at around 200 million pounds.
[citation needed] Tchenguiz along with the Credit Mercantile Group bought an interest in Chestertons from Arqaam Capital and the Saudi Arabian Commercial Investment Corporation in 2007.
On 5 December 2011, Vincent Tchenguiz and other parties in the case wrote to SFO, outlining details of the allegation against the government department and seeking damages of c.£100 million.
Whilst I am glad that they have conceded to pay the significant legal costs incurred – the damage their actions have caused, both financial and to my reputation, are far greater.
[24][25] Tchenguis has invested more than £500,000 in Israeli defense technology company eVigilo[26] which has cooperated with Ericsson to send warning text messages in specific areas.
[33] In a statement, Vincent Tchenguiz said: "I have consistently explained to the SFO that they had got it completely wrong – but, as their investigation collapsed around their ears, they stubbornly maintained that they regarded me as a suspect.
[39] 26 July 2013 – Grant Thornton, the accountancy firm that provided information to the SFO ahead of Vincent Tchenguiz's arrest, are ordered to disclose the documents shown to the investigators.
8 April 2014 – The SFO applies to the UK Treasury for emergency funding as it predicts that it could spend £18.5 million fighting the legal case brought against it by Vincent and Robert Tchenguiz.
[45] Vincent Tchenguiz is granted permission to hand evidence disclosed as part of the SFO investigation to criminal and civil legal teams to examine the possibility for further action against third parties.