Disgraced pop star Gary Glitter is allegedly hiding his fortune from a victim he owes compensation, despite giving his son more than £130,000, according to court documents seen by the Daily Mirror. The 81-year-old, whose real name is Paul Gadd, claims he is penniless and unable to pay a woman he raped when she was 12, even though he has earned at least £1 million in royalties over the past three decades.
Glitter was declared bankrupt last year after failing to pay £508,000 in High Court damages to his victim. Her lawyers are now trying to seize his assets. Documents lodged at Bristol County Court reveal that Glitter gave his son, also named Paul, £138,896 from his pension income since the victim's lawsuit became public. The papers claim the son plays an active role in managing his father's finances and occasionally visits him at HMP Channings Wood in Devon.
Lawyers have appointed insolvency practitioners from the accounting firm Mazars as joint trustees in the bankruptcy. They accuse Glitter of a 'lack of candour and assistance' and say he has repeatedly lied to officials. The trustees allege that Glitter has attempted to divert assets, including requesting that pension payments go to his son. Glitter founded Machmain Limited in 1987 to manage his royalties and transferred his shares to a Caribbean tax haven firm in 2005, shortly after his arrest in Vietnam for child sex offences.
Royalties from 256 of Glitter's songs have paid £988,891 to Machmain since 1996. His song 'Rock and Roll Part 2' featured in the 2019 film 'Joker', generating additional income. Glitter told the Insolvency Service he had no bank account, cash, property or income when he was made bankrupt, but lawyers say 'significant funds' passed through a NatWest account he held between 2006 and 2008. They also claim he requested money be transferred from his prison account to an unidentified outside account in November 2024.
