Emil Savundra

Michael Marion Emil Anacletus Pierre Savundranayagam (6 July 1923 – 21 December 1976), usually known as Emil Savundra, was a Sri Lankan swindler. The collapse of his Fire, Auto and Marine Insurance Company left about 400,000 motorists in the United Kingdom without cover.

As a post-war black marketeer, Savundra committed bribery and fraud on an international scale before settling in the UK to sell low-cost insurance in the fast-growing automotive market. By defaulting on mandatory securities, he funded a lavish lifestyle and travelled in fashionable circles. This attracted the attention of the press, who uncovered evidence of major fraud. In a TV interview with David Frost, Savundra demonstrated contempt for his defrauded customers (some of whom were in the studio audience) and denied any moral responsibility. The police had been investigating him, and he was soon arrested and sentenced to eight years' imprisonment. Released after six, Savundra died two years later as a drug addict.

Early life and career

Born into a Tamil family of lawyers in Ceylon during the British Raj, Savundra grew up with a mixture of respect for and resentment of Britain. Although he served a brief commission in the Ceylon Engineers, he was refused entry into the Royal Air Force during the Second World War despite holding a pilot's licence. Savundra married a young Tamil woman, who remained loyal to him over a turbulent thirty-year career.

When Ceylon became independent in 1948, Savundra (age 24) tried to develop a business career on the island. Around this time he developed insulin-dependent diabetes, which would shorten his life. During this period, in the context of the Korean War, Savundra was used as a local intermediary in the economic sabotage of a shipload of oil which he appeared to be selling to China but which his American contacts had ensured did not exist. After using this device to support the US war effort, he repeated the process.

In 1954, at age 31, Savundra was convicted of swindling the Kredietbank of Antwerp over a non-existent cargo of rice and was imprisoned in Belgium. In 1958 he resurfaced as a representative of American company Camp Bird for mineral interests in Ghana. Savundra was involved in bribery at the highest level of government, claiming in his diaries that this was typical Ghanaian business practice during the 1950s. He was deported from the country, presumably because a trial would have caused local embarrassment. Savundra, who had developed a career of sharp practice characteristic of a post-war black marketeer, perpetrated a coffee-bean fraud at the expense of the Costa Rican government in 1959.

His only criminal offence in Ceylon was the failure to pay an Inland Revenue bill based on earnings from some of his economic frauds. Savundra was absent from the island between 1951 and 1965, when he returned at age 42.

Fire, Auto and Marine

By the early 1960s Savundra had settled in the United Kingdom, where he perpetrated the fraud for which he would be convicted in 1968. In 1963 he formed the Fire, Auto and Marine Insurance Company (FAM), which took advantage of the thriving motor-insurance industry when car ownership in the UK was increasing and road networks were being developed. FAM offered low insurance rates, with crude, but revolutionary at the time, computerisation in a collaboration with IBM.

Savundra had a lavish, high-profile lifestyle before FAM collapsed due to cash-flow problems and exposure by ''Sunday Times'' reporters of the company's lack of proper securities. His activities had included powerboat racing in the ''Daily Express'' Cowes-to-Torquay race, where many photographs exist of Savundra mingling with rich and powerful figures. In his first race he fractured his spine, and was referred by a high-society friend to osteopath Stephen Ward. Savundra became involved with Christine Keeler and Mandy Rice-Davies, and was referred to at Ward's trial as "the Indian doctor" (although he was neither Indian nor a doctor).

Because the scandal centred around the Minister of War, female escorts, the Russian defence attache, a well-known actress, a senior member of the House of Lords and many society figures, Savundra did not receive much attention. However, Keeler and Rice-Davies published autobiographies mentioning Savundra; this may have been when ''Private Eye'' began noticing Savundra's activities in London, triggering his downfall. David Frost, Savundra's eventual nemesis, posed for a photograph in the Christine Keeler shoot for the BBC
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