Cash for Peerages
Lordstrim
So we are now told that Blair's cronies are "outraged" the investigation into Cash for Peerages has been taken seriously and they have started to brief against the team from Scotland Yard tasked with the investigation. What I find interesting is the question 'what happened to the money?'. Whilst we have been led to believe the alleged "loans" were used to fund Labour's last election campaign, there does not seem to have been an ounce of accountability as to how the amount was spent. Indeed, the labour treasurer appears to have been kept in the dark about the whole thing.
If this were any private company running an everyday business, such weak accounting practices - or lack of them in this case - would not be permitted. We are being asked to accept 'on trust' that fourteen million pounds of 'loans' was eaten up by the great hole that is election campaigning. No one thought for a minute about claiming back the VAT, or the legitimate expenses that could be offset against tax liability? It seems at best unlikely and at worst inconceivable that the leaders of a party that is running UK plc should have left itself wide open to questions of inpropriety and abuse.
If our Prime Minister is so concerned about the seriousness of the investigation by Scotland Yard he should offer to help them out by volunteering an interview instead of hiding behind the fortified doors of No.10!
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