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Saturday, March 25, 2006

Revealing Marland's Money Mystery

The Tory treasurer Jonathan Marland (pictured) swears that he will not betray the confidences of Tory lenders, a refusal that Labour are desperately trying to capitalise on as the rising tide of sleaze revelations spills over the front doorstep of No. 10.

Margaret Beckett has written to David Cameron to criticise the Tories for keeping secret the names of wealthy individuals and companies, the amounts they loaned - and whether any are foreign. Unless Marland followed Labour and the Liberal Democrats in giving full details, his party's credibility would be "seriously compromised", she said.

Let Guido help Ms Beckett by revealing where most of the money came from;
Henry Angest £2 million
Lord Ashcroft, £3.5 million
Robert Edmiston £1+ million
Johan Eliasch £1 million
Michael Hintze £2.5 million
Lord Laidlaw £2 million
Michael Spencer £1+ million

So that is most of the mystery solved. Guido is guessing here, but Marland might himself be good for a million or so - after all he has made a tidy fortune from insurance broking. The majority of the money is easily accounted for by these donors. Guido has spotted a few hedge fund types around at Tory gatherings and would not be at all surprised to discover they have loaned out some of their gains - the stockmarket is after all booming with the FTSE hitting 6000. Now back to Sleazy Levy's Loans for Lordships...

7 comments:

Anoneumouse said...

The real story here is, you cant trust the Labour party to honour a 'confidentiality agreement'.
.

Anonymous said...

er, no.

The Labour Party published the names with the permission of those who lent the money.

The story is turning and the Tories are looking a bit desperate in their efforts to stop that happening.

kingbongo said...

anonymous - the permission of those who lent the money? That must be why they were all so thrilled and pleased to have their names come out.

The tories are making themselves look shifty by trying to do the right thing and keep their promise. I think they should have a word with their donors and get it all out in the open.

It doesn't change a single thing for the Labour party though. There was a secret funding operation being run out of Downing Street and a large number of coincidental government contracts, planning permissions and honours were being handed out. These are now the subject of a criminal investigation, so it is telling that the Labour party are more keen to spread the muck than to clean up their own backyard.

Anonymous said...

Dear Anon

“Desperate” The sleaze scandal is at the door of No.10, where it belongs. Blair and the usual suspects would like to foist it onto DC, which is something else entirely.

Tom

Mike said...

And the Times says Edmiston was put up for a peerage. I wonder why?

Serf said...

The big difference here is that The Conservatives were not selling peerages.

Charlton Hofie said...
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