George Magan, Baron Magan of Castletown
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The Lord Magan
|Born||14 November 1945|
George Morgan Magan, Baron Magan of Castletown (born 14 November 1945), is a Conservative member of the House of Lords of the United Kingdom. He comes from an Anglo-Irish family, and is the son of the late Brigadier Bill Magan, who served as a director at MI5. He was educated at Winchester College and then became a Chartered Accountant.
Magan was one of the founders of Hambro Magan, and is now a minority partner in private equity firm Rhone Group. He was a Director of a number of other companies involved in the investment banking and private equity sector including Morgan Shipley and Allied Investment Partners. Magan also served on a number of international boards which include the Advisory Board for Ardian (formerly AXA Private Equity), the Advisory Board for Abdul Latif Jameel Group (automotive distributor and real estate company, Jeddah, Saudi Arabia) and as a Financial Adviser for Emaar Properties PJSC (real estate development company, Dubai).
George, Lord Magan, was involved in raising funds for the National Society for the Prevention of Cruelty to Children and from 1996 to 2001, he was a trustee of the Royal Opera House.
In October 2019, Magan was sentenced to prison at the High Court London by Mrs Justice Lieven having been found in contempt of court. 
In 2017, Lord Magan obtained a loan from a fellow peer, Lord Ashcroft, to avoid a bankruptcy application in London.
In 2018, he was ordered to pay €572,000 in rent arrears.
In September 2019, Lord Magan was evicted from Castletown Cox for failure to make rental payments of €100,000 per annum to the trust he had placed the estate into, which had sold the property for a reported €19m in 2018. The High Court in Dublin ruled that Lord Magan was not entitled to a new tenancy of the Castletown Cox Mansion. Unable to pay his lawyers, there was some evidence of a legal move against his residence in London.
In October 2019, the High Court in London sentenced Magan to one week in jail suspended for six weeks after ruling that he was in contempt of court, adding, "His current attitude, that this seems to be a wholly voluntary process, is highly mistaken."
House of Lords
On 25 January 2011, Magan was created a life peer as Baron Magan of Castletown, of Kensington in the Royal Borough of Kensington and Chelsea, and was introduced in the House of Lords on 27 January 2011, where he sits as a Conservative.
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