When Guido first claimed that the LibDems would have to pay back the stolen £2.4m that was their biggest donation, the blog’s comments were filled with claims from LibDems that it was sensationalist nonsense. Guido stuck to his guns that the LibDems and Sinn Fein were the only two parties in British politics dependent on bank robberies for their funding.

It seems their auditors agree with Guido. They only signed off the latest accounts on the basis that the £2.4m was a contingent liability for the party. The LibDems may not be benefiting from the proceeds of crime for much longer…