Chief Liberal Party fundraiser tied to $8M loan to offshore trust in Cayman Islands

Newly discovered documents from the Paradise Papers show the Liberal Party’s top fundraiser, Stephen Bronfman, was directly linked to companies that were owed millions by an offshore Cayman Islands trust well into the 2000s — despite his strong denials he had any involvement in the trust after 1998.

The documents show how a Delaware-based company closely connected to the Montreal-based financier was owed $8 million from the Kolber Trust, set up for former Liberal Sen. Leo Kolber and his family in the no-tax Cayman Islands.

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