Nice wee item from The Daily Record
At least he’s British, and we’re getting screwed by one of our own, and not by some bloody Italian, eh?
Scot is Britain’s top employee with £20m salary
Feb 4 2009 By Kevan Christie
A SCOTS super-banker dubbed “Roger The Dodger” is now one of the UK’s highest paid employees – with a £20million annual pay packet.
Roger Jenkins, 52, has entered the world of the mega-rich since becoming Barclays investment operations chief executive in 2004.
By comparison, the bank’s chief executive, John Varley, earns £3million.
Some insiders say Jenkins pocketed at least £40million and possibly as much as £75million last year alone.
He got his nickname from his ability to exploit tax laws and is credited with saving Barclays from the banking crisis.
Last month, the Edinburgh-born former international sprinter hosted 100 A-list Hollywood stars at a charity dinner at his £30million luxury mansion in London’s Mayfair.
Jenkins and his Bosnian wife Dijana welcomed the likes of George Clooney, Matt Damon and Scarlett Johanss on to the event, which raised around £10million for Clooney’s charity to help victims of the civil war in Darfur.
Jenkins avoids the headlines but Dijana, 36, had a brush with the paparazzi recently after she was seen on a night out with England footballer Rio Ferdinand.
She was also photographed in a £6500 mink fur poncho as she stepped off her husband’s private jet at the Aspen ski resort in Colorado.
Now one of the globetrotting super-rich, Dijana said: “Private air travel is part of the lifestyle. It’s very addictive.
“Once you’ve done it, you want to do it again.”
Dijana helped organise the Darfur party at the family home, which was created by joining three houses together.
A Bosnian Muslim, who escaped her native Sarajevo during the Bosnian civil war of 1992-95, she now counts Mick Jagger, Stella McCartney and Cindy Crawford among her closest friends.
She was a bridesmaid at Baywatch star Pamela Anderson’s wedding to the singer Kid Rock.
Jenkins’s brother David, 56, is a former Olympic sprinter, who won a silver medal for Great Britain in the 4x400m relay at the 1972 Munich Olympics but was jailed for smuggling steroids in 1987.
He served less than a year of his seven-year prison sentence after agreeing to tour schools to lecture on the evils of drugs.
He now runs a successful dietary supplement business in America.
Roger, also a talented athlete, was educated at Edinburgh Academy and the city’s Heriot-Watt University.
Allan Wells, who won 100metres gold at the 1980 Moscow Olympics, said he trained a few times with Jenkins at the capital’s Meadow bank stadium.
He added: “He was a 400metre runner who dabbled with 200.
“I liked both him and his brother. They’re really nice people, both Edinburgh boys who came from Learmonth Terrace, in Comely Bank.
“I’ve had no contact with him in recent years and the last time I saw David was in 1986.
“I imagine he could now build a new Meadowbank stadium on the strength of his bonuses alone.”
Dijana and Roger, who have a son and daughter, met while she was a student on a finance course he was teaching at London’s City University.
After their marriage in 1999, she went from being a refugee, whose brother was killed in the Bosnian war, to overseeing a charitable foundation set up in her brother’s name, funding schools and orphanages in Bosnia.
A Barclays spokesman said although Jenkins – who has worked for the bank for 14 years – also makes charitable donations, he does not disclose their size or destination.
He is credited with arranging the deal to net the 300-year-old bank £8billion of Middle Eastern investment.
This resulted in his friend Sheikh Hamad bin Jassim bin Jabor al-Than, a Qatari prince, gaining a 15 per cent ownership stake in Barclays
Jenkins is rumoured to have made £30million from the deal, which allowed the bank to avoid applying for the Government’s bailout scheme.
His partner in the enterprise was the former model, now multi-millionaire businesswoman, Amanda Staveley.
A spokesman for Barclays said: “There are very few people who can extract that sort of money from the Gulf sovereign funds. Many have tried but very, very few have succeeded.
“Amanda Staveley is one and Roger is just about the only other.
“With contacts like that, you just name your price.”
Last year, Staveley advised the Abu Dhabi United company on their £210million takeover of Manchester City Football Club.
Jenkins has achieved international renown as a master of what is known in financial circles as tax arbitrage.
This involves exploiting differences in the world’s tax systems to minimise the exposure of corporations and individuals to the likes of HM Revenue and Customs.
As a result, he has earned the nickname Roger the Dodger as the man who helps the world’s richest people avoid paying tax.
And he works hard and deserves every penny of it
OF COURSE HE DOES