Electoral Commission Say No HSBC Cash Investigation

The Electoral Commission has announced it will not be taking any action against the Conservatives over an allegation that the party improperly took money from firm IPGL, allegedly backed by a loan from HSBC. The issue was raised by the SNP’s Roger Mullin in a letter to the Commission which was widely circulated on Twitter yesterday, to much fanfare from canary-brained lefties and hacks alike. It was the most manifestly bonkers conspiracy theory. That a privately owned company with a bank loan was laundering money for a publicly quoted bank. The Electoral Commission’s response says:

“Donors or lenders have no legal responsibility to report transactions to the Commission, therefore HSBC and IPGL did not and were not required to inform the Electoral Commission of these transactions… As we have not been presented with evidence that a breach of PPERA (Political Parties, Elections and Referendums Act 2000 ) has occurred, we will not be taking further action in this matter.”

A total off-the-perch moment from those who thought this was a story…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Jeremy Corbyn:

“The blame is with the terrorists, but…”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Sunday Shows Sunday Shows
New Dates for Andrew Neil Interviews New Dates for Andrew Neil Interviews
Tory Lead Down 19 Points During Campaign Tory Lead Down 19 Points During Campaign
Corbyn: Foreign Policy A Cause of Manchester Attack Corbyn: Foreign Policy A Cause of Manchester Attack
Sneering Thornberry Sneering Thornberry
Ministers Wheeled Out to Defend Ditched Care Policy Ministers Wheeled Out to Defend Ditched Care Policy
Watch: Crick Roasts “Weak and Wobbly” May Watch: Crick Roasts “Weak and Wobbly” May
Protester Arrested at May Wrexham Visit Protester Arrested at May Wrexham Visit
Clegg Spinning Brexit Doom Report Clegg Spinning Brexit Doom Report
Read Tory Manifesto In Full Read Tory Manifesto In Full
Green Leaders Cringe Skit Green Leaders Cringe Skit
Never Ending Tory Deficit Reduction Horizon Never Ending Tory Deficit Reduction Horizon
LibDem Collapse Explained LibDem Collapse Explained
Taxpayers’ Alliance Updates Iconic Tory Poster Taxpayers’ Alliance Updates Iconic Tory Poster
Cult of Corbyn Cult of Corbyn
“Labour is Chocolate Gateau: Too Much Makes You Sick” “Labour is Chocolate Gateau: Too Much Makes You Sick”
Labour Election Broadcast Star’s “Tax Efficient” Accounting Labour Election Broadcast Star’s “Tax Efficient” Accounting