A BBC team led by James Oliver has travelled to Belize and the Turks and Caicos Islands to investigate Ashcroft, according to the Independent. Ashcroft is currently suing The Independent over a story it published in November last year making allegations about his business dealings.
In May last year Ashcroft accepted substantial damages, which he gave to charity, and a public apology over claims published on the website that his company the Belize Bank offered customers unlawful tax avoidance advice.
Aschroft is the major shareholder in the monthly magazine for politicians, Total Politics.
Dominic Ponsford is the editor of Press Gazette.