Friday, March 31, 2006
Cash for peerages (continued)
The Conservative Party has (finally) published a list of the lenders to whom it owes nearly £16m.
Johan Eliasch - £2.6m
Lord Ashcroft - £3.6m
Lord Laidlaw - £3.5m
Michael Hintze - £2.5m
Lord Steinberg - £250,000
Henry Angest - £550,000
Dame Vivien Duffield - £250,000
Alan Lewis - £100,000
Graham Facks-Martin - £50,000
Lady Victoria de Rothschild - £1m
Raymond Richards (deceased) - £1m
Charles Wigoder - £100,000
Cringle Corporation - £450,000
TOTAL - £15.95m
However the identity of backers who loaned £5m which has been repaid by the Conservatives will remain hidden. These anonymous lenders includes foreign nationals.
According to UK electoral law, donations from foreign nationals are illegal - but not loans.
Meanwhile, a Metropolitan Police probe into the original "cash for peerages" allegations - which initially focused on the Labour party, has been widened into an investigation of other political parties.
Details of Conservative lenders
Police loans inquiry is widened (Details)
I think the latest issue of the satirical magazine Private Eye sums up my feelings precisely - it is a "House of Frauds."
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