by antiaristo » Thu Apr 06, 2006 3:42 pm
This has been tacked on to the front of the 2pm story above<br><br><!--EZCODE QUOTE START--><blockquote><strong><em>Quote:</em></strong><hr>5.30pm <br><br>--------------------------------------------------------------------------------<br><!--EZCODE FONT START--><span style="font-size:small;">Internal memo reveals Labour 'confident' over loans inquiry</span><!--EZCODE FONT END--> <br><br>Oliver King and David Hencke<br>Thursday April 6, 2006 <br><br><br>Leaked documents seen by Guardian Unlimited show the Labour party is "<!--EZCODE BOLD START--><strong>confident nothing will flow</strong><!--EZCODE BOLD END-->" from the police investigation into the "loans for lordships" affair, according to secret briefing papers drawn up for the prime minister and chancellor.<br><br>Labour's confidence that the party's fundraisers will be cleared of breaking the 1925 Honours Act comes as the Metropolitan police appear to be intensifying their investigation into possible corruption to include allegations that both Labour and the Conservatives broke electoral law.<br><br>Scotland Yard confirmed that both parties are under investigation for possibly breaking electoral law by keeping secret the £38m loans they received, including those from five people nominated for peerages by Tony Blair and the former Tory leader Michael Howard.<br><br><!--EZCODE BOLD START--><strong>John Yates, the Met's deputy assistant commissioner</strong><!--EZCODE BOLD END-->, has decided to extend the "loans for peerages" inquiry to see if offences were committed by the parties under the Political Parties, Elections and Referendums Act 2000 for not disclosing the loans, <!--EZCODE BOLD START--><strong>particularly if they are not at genuine commercial rates, and that full details were not disclosed in the accounts</strong><!--EZCODE BOLD END-->.<br><br>Labour's comment about the existing police investigation is contained in a guidance document entitled Top Lines, prepared by Labour officials for the Labour leadership attending yesterday's local election campaign launch, including Mr Blair, Gordon Brown and John Prescott.<br><br>Leaked to journalists by the Brownite camp, the document was attached to the event schedule showing that ministers originally intended to allow questions on the subject. That decision was later overturned by Labour officials.<br><br>If asked to respond to the Met investigation, <!--EZCODE BOLD START--><strong>the ministers were guided to say: "This looks to be a bit of opportunism on the part of those parties (SNP and Plaid Cymru) who complained on this</strong><!--EZCODE BOLD END-->. But of course the party is co-operating. We are confident that nothing will flow from that."<br><br>In the end journalists were not allowed to ask any questions at the event, although Mr Blair did conduct television interviews afterwards.<br><br>The document also reveals that Labour agreed with its lenders to pay back its loans "over a variety of periods from six months to several years". Labour is reported to be considering selling its expensive St James' Park HQ because of a cash shortage caused by a having to repay the loans it secured to fund the general election in 2005.<br><br>Angus MacNeil, the Scottish Nationalist MP who made the initial complaint to the police, said Labour "have got a cheek" to complain of his "opportunism" given their own behaviour and warned their "complacency" could be dangerous.<br><br>"I wouldn't put much store in their confidence," he said. "In fact I'm pleased because it suggests carelessness which will allow the police to find the evidence they need."<br><br>The new police inquiry announced today means that the former registered treasurer of the Labour party, former general secretary <!--EZCODE BOLD START--><strong>Matt Carter</strong><!--EZCODE BOLD END-->, and the registered treasurer of the Tory party accounts, Gavin Barwell, are likely to be interviewed by detectives.<br><br>The failure to disclose the loans has already led the Labour backbencher Bob Marshall-Andrews to warn that the party may have broken the law and to demand that Mr Blair holds an inquiry.<hr></blockquote><!--EZCODE QUOTE END--><br><!--EZCODE AUTOLINK START--><a href="http://politics.guardian.co.uk/labour/story/0,,1748659,00.html">politics.guardian.co.uk/l...59,00.html</a><!--EZCODE AUTOLINK END--><br><br><br>This proves that Angus MacNeill is an idiot<br><br><!--EZCODE QUOTE START--><blockquote><strong><em>Quote:</em></strong><hr>"In fact I'm pleased because it suggests carelessness which will allow the police to find the evidence they need."<hr></blockquote><!--EZCODE QUOTE END--><br><br>The police DO NOT need to find any evidence.<br>The Labour Party must find the evidence to PROVE that these "loans" were made on commercial terms. <br><br>Otherwise all we know is that money changed hands.<br>A donation.<br>Labour and Tories squeal "But it was a loan!"<br><br>Prove it, sunshine.<br><br>If you read the 2pm story it says<br><br><!--EZCODE QUOTE START--><blockquote><strong><em>Quote:</em></strong><hr>The Electoral Commission asked party treasurers to confirm that the loans they had received were <!--EZCODE BOLD START--><strong>commercial loans</strong><!--EZCODE BOLD END-->. The Labour, Conservative and Liberal Democrat parties did so, but <!--EZCODE BOLD START--><strong>the commission has demanded further information on the terms of the loans.<br><br>The commission was setting up a series of meetings with treasurers "to look further at this" when the decision to suspend the probe was taken</strong><!--EZCODE BOLD END-->, a commission spokeswoman said.<hr></blockquote><!--EZCODE QUOTE END--><br><br>Just like the SEC probe into Lloyds. Force majeured to death.<br><br>Angus MacNeill is a fucking idiot.<br><br><br><br> <p></p><i></i>