ChatterBank1 min ago
Asil Nadir and his donations to the Conservative Party
He stole £28million.
He gave £1million to the Conservatives.
Should the now pay it back?
He gave £1million to the Conservatives.
Should the now pay it back?
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The ‘party’ referred to below is the Tory Party…
Touche Ross, the administrators of Polly Peck, wrote a letter – widely reported four years ago – to the party's central office claiming that £365,000 came from money defrauded from the Polly Peck empire.
“It is the contention of the administrator that Mr Nadir is liable to repay the sums concerned as a result of his fraud and/or breach of fiduciary duty and/or malfeasance as a director," the letter concluded. "I would urge you to return the donations to Polly Peck so that the creditors can at least obtain some small measure of compensation from this unfortunate affair."
It certainly seems as if the administrators had little doubt but that the bulk of the money Nadir gave to the Tories was ill-gotten and nor did they seem to have much doubt as to what the latter should do about it!
The ‘party’ referred to below is the Tory Party…
Touche Ross, the administrators of Polly Peck, wrote a letter – widely reported four years ago – to the party's central office claiming that £365,000 came from money defrauded from the Polly Peck empire.
“It is the contention of the administrator that Mr Nadir is liable to repay the sums concerned as a result of his fraud and/or breach of fiduciary duty and/or malfeasance as a director," the letter concluded. "I would urge you to return the donations to Polly Peck so that the creditors can at least obtain some small measure of compensation from this unfortunate affair."
It certainly seems as if the administrators had little doubt but that the bulk of the money Nadir gave to the Tories was ill-gotten and nor did they seem to have much doubt as to what the latter should do about it!
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