Monday 24 May 2010




George Osborne should have thought more carefully before crossing the business secretary
24 Oct 2008 — UK
On October 21st Nathaniel Rothschild, a financier at whose villa George Osborne stayed in Corfu, alleged in a letter to the Times that Mr Osborne and Andrew Feldman, the Conservative Party’s chief executive, had solicited a donation from Mr Oleg Deripaska. He accused them of discussing routing money via a British company to make it legal under party-funding laws. Mr Osborne maintains that the idea had been Mr Rothschild’s, implicitly conceding that they had talked about such a donation.
These events are important because of the willingness of politicians to collude with rich Russians who seek to launder their reputations, the risk to the conservatives in appearing to be well off and leisurely as recession bites.

Source: The Economist

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