Tuesday, October 21, 2008

George Osborne fighting for his political life

By Andrew Porter, Robert Winnett and Andrew Pierce Last Updated: 7:24AM BST 22 Oct 2008

George Osborne, the shadow chancellor, was fighting for his political future after he admitted discussing a substantial donation to the Conservative Party from a controversial Russian oligarch.
Oleg Deripaska, a billionaire who is banned from the US, is alleged to have offered to donate £50,000 to the Tories despite not being eligible to vote in this country.
The money was supposedly to be "channelled" via a British company that he owns, as foreigners are banned from donating to British political parties under electoral law.
The donation was offered following four meetings between the shadow chancellor and the aluminium tycoon in Corfu.


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