Legatum Conspiracy Theory Hits Front Pages

It is an old trick to use the protection of parliamentary privilege to get out something you would have difficulty getting past newspaper lawyers. Yesterday’s claim by pro-remain MPs that the Legatum think-tank’s founder Christopher Chandler, was anobject of interest to French intelligence is based on information originating from Robert Eringer. Eringer has been convicted of criminal defamation five times and is just not credible.

Eringer’s central allegation revolved round confusing two similarly named firms; “Sovereign Asset Management AG” which was closed down by the Swiss authorities and “Sovereign Asset Management Limited” which was operated by Chandler. Some of the allegations were made under Labour MP Liam Byrne’s byline in the New European and were rebutted at length last December. Throw in a Russian link and you have a great conspiracy theory. Unfortunately it doesn’t make any sense.

What is going on is that remainers in parliament are hitting out at a think-tank that was once home to a Brexit research team that has now moved to the Institute of Economic Affairs and so in any event no longer has any involvement in the Brexit issue. That was the real motivation for originally making these claims…

Download: Letter For the Attention of Rt. Hon. Liam Byrne MP




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Quote of the Day

Matthew Parris self-diagnoses as a Remainiac:

“There’s no denying it. My spirit is restless and I must confess. This Brexit thing is driving me slightly mad. And I do mean that clinically: not as a rhetorical flourish. My mental state, like that of so many I know on both sides of the Remain/Brexit divide, is capable of medical diagnosis. A shaft of insanity has pierced our interior lives. I really am becoming a Remainiac… I know I’m boring my readers; know there’s almost nothing left to be said; know that the voice in my head, my mother’s voice, telling me I just need a good night’s sleep, is right… Is it not the first and clearest indication that the balance of one’s mind has been disturbed that, when having done all one reasonably can to achieve a result, one simply cannot let something go? What is the point of waking up at 3 a.m. and fretting sleepless until sunrise that we are leaving the European Union?”

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