Wentworth MP Allegra Spender’s audit of finances reveals three more trusts she hasn’t declared

The discovery, which the Teal scrambled to correct over the weekend, comes a week after The Daily Telegraph revealed the MP had failed to disclose her role in seven companies.

Teal Independent Allegra Spender has scrambled to declare three new trusts she has failed to log, days after The Daily Telegraph revealed her role in seven companies which she also hadn’t declared.

The latest discoveries come after The Daily Telegraph revealed last week the Wentworth MP had failed to declare her role as director in seven companies – with Ms Spender blaming an “oversight” for not logging them.

It’s understood after that story Ms Spender initiated an audit by her accountant of her finances, turning up three new trusts she is a beneficiary of, but hadn’t declared.

“These trusts have been set up as part of organising the shared ownership of our late mother’s estate,” Ms Spender told The Telegraph on Monday.

“Transparency is really important to me and I was mortified to realise that my register was not up to date, though most people know my connection to my mother’s business.

Allegra Spender has now declared three new trusts after an in-depth audit, after The Daily Telegraph revealed she hadn’t declared her role in seven companies. Picture: Supplied

“I did a thorough audit last week to make sure all of my family business interests were included.”

It’s understood Ms Spender declared the trusts over the weekend, which will join three other trusts she is already a beneficiary of.

The Member for Wentworth is the daughter of late fashion designer Carla Zampatti. Picture: Max Mason-Hubers / The Australian

It comes after Ms Spender was caught unaware by revelations she was a director of seven companies she hadn’t declared, alongside her siblings, Bianca Spender and Johan Alexander Schuman.

Ms Spender logged details of her roles with those companies shortly after being contacted by The Daily Telegraph.

“Thanks for bringing this oversight to my attention,” she said last week after being contacted about her roles in the seven companies, of which she was a direct shareholder in four.

“(On Sunday March 16) I submitted all these new company details to the Parliamentary Registrar, and I expect they will be published on the Register of Members’ Interest as soon as processed.”

Ms Spender said those entities were all created following the 2021 death of her mother, fashion icon Carla Zampatti, with the Wentworth MP saying they “were set up as part of the settlement of the estate of my late mother”.

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Originally published as Wentworth MP Allegra Spender’s audit of finances reveals three more trusts she hasn’t declared