The fate of beleaguered Conservative minister Nadhim Zahawi rests in the hands of a man from Bungay.

The ethics inquiry into the tax affairs of the Tory party chairman is being conducted by Sir Laurie Magnus, who has a home in the Suffolk town.

Eastern Daily Press: Nadhim ZahawiNadhim Zahawi (Image: Press Association)

Prime minister Rishi Sunak has ordered that ethics advisor Sir Laurie, who is also the chairman of Historic England, investigates Mr Zahawi's affairs.

Mr Sunak has so far resisted calls to sack the former chancellor over the multimillion-pound tax dispute he resolved by paying a penalty.

The inquiry by Sir Laurie, who was appointed last month, is expected to focus on Mr Zahawi’s ministerial declarations, but it could extend to his prior tax arrangement and whether he misled the media.

Eastern Daily Press: Sir Laurie MagnusSir Laurie Magnus (Image: Press Association)

The investigation could also include claims Mr Zahawi falsely told officials he did not exchange WhatsApp messages with Conservative former prime minister David Cameron about government loans for Greensill Capital before it emerged they were deleted.

Mr Zahawi, who is also a minister without portfolio, is understood to have paid a penalty during the time he was chancellor under Boris Johnson between July and September.

Mr Zahawi, Stratford-upon-Avon MP, released a statement insisting his "error" over shares in the YouGov polling company he co-founded was "careless and not deliberate".