Cash-For-Access Scandal Treasurer Peter Cruddas Is The Tories' Largest Donor So Far This Year

The Huffington Post UK  |  By Posted: Updated: 22/05/2012 13:45

Disgraced former Tory co-treasurer Peter Cruddas was the biggest donor to the Conservative party in the first three months of this year, according to figures published on Tuesday by the Electoral Commission. Cruddas - who resigned from his post in March after he was caught in a newspaper sting offering access to ministers in exchange for large donations to the Tories - gave the party more than £215,000.

The revelation will come as an embarrassment to the Tories, who quickly moved to distance themselves from Cruddas after he was exposed. The party insisted it was not standard practice for access to ministers to be offered in exchange for donations.

However Labour have been quick to point out that Cruddas' main donation was made on the 16th of March - nine days before the revelations emerged which brought him down.

Following Cruddas' resignation Lord Fink resumed his old role as the party's principal treasurer and David Cameron said "I'll make sure there is a party inquiry to make sure this can't happen again."

What happened to that inquiry, HuffPost wonders? So far the results haven't been disclosed. A CCHQ source told us that the inquiry hasn't finished - and said they wouldn't be paying the money from Cruddas back.

Cruddas - a multi-millionare who rose from East End poverty to run a high-stakes financial trading firm in the City - had been shadowing the role of principal treasurer for around six months last year. He took over the main role of fundraiser at the start of January 2012 and was out the door just three months later.

The Electoral Commission figures show that in general the Tories continue to outstrip Labour in terms of donations - the Conservatives raised £4m in the quarter, compared with Labour's £3.4m.

Labour continue to be heavily reliant on union funding, but received an individual donation of £200,000 from multi-millionaire Andrew Rosenfeld, who last year donated £1m to the party and who regularly advises Ed Miliband.

But it hasn't helped Labour's ongoing debt problem - the party still owes £9.8 million.

The Lib Dems recieved a donation of £150,00 from Lord Loomba; an Indian clothing magnate whose elevation to the House of Lords was questioned in 2010 because the Lib Dem member of the Lords Appointments Commission had been on six overseas trips, taking hospitality from Loomba.

The three main parties all agreed to take action on party funding after the Peter Cruddas affair; but despite talks which resumed last month there is still no sign of agreement. Labour and the Tories have rejected the idea of state-funded parties, but Ed Miliband recently proposed a cap of £5,000 a year on individual donations.

That suggestion was instantly dismissed by Tory housing minister Grant Shapps, but Lib Dems were more receptive to the idea.

A seperate consultation is underway on the regulation of lobbyists and their access to senior politicians. Under original proposals by the government lobbyists like News International's Fred Michel - at the centre of the allegations surrounding Jeremy Hunt - would not be included on the list. Lobbying groups are pushing for the terms of the register to be redefined amid concerns it would not effect the kinds of lobbyists associated with recent political scandals.

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Disgraced former Tory co-treasurer Peter Cruddas was the biggest donor to the Conservative party in the first three months of this year, according to figures published on Tuesday by the Electoral Comm...
Disgraced former Tory co-treasurer Peter Cruddas was the biggest donor to the Conservative party in the first three months of this year, according to figures published on Tuesday by the Electoral Comm...
 
 
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09:34 AM on 05/23/2012
This is purely and simply testament to the sad state of British politics... end of..
Time for a "None of the Above" box on ballot papers to signal our disaffection with the whole rotten process...
07:08 AM on 05/23/2012
An Indian clothing magnate. wonder what his workers conditions are.
01:04 AM on 05/23/2012
So the system is totally corrupt, this is news? Easy to stop. Only British voters can subscribe to political parties and election campaigns, only out of their own pockets. No istitutional and no overseas contributors permitted, and only funds from sources lodged within the UK
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velvetundergroundfan
12:50 AM on 05/23/2012
British politics has become the plaything of wealthy businessmen who are hardly donating all this money out of the goodness of their hearts.
09:36 AM on 05/23/2012
In terms of the Tory party it always has been I'm afraid!!
I hope too Velvetundergroundfan, that my comment does not disillusion you too much..
11:23 PM on 05/22/2012
The labour party is bankrupt morally and economically , and that is just how they left the country .
07:22 AM on 05/23/2012
And how did maggie leave the country? and how is this shambles leaving the country?
09:32 AM on 05/23/2012
Spot on Piran, especially conc Thatcher. she 'did' for us both financially and morally, in my view..
11:00 AM on 05/23/2012
she left us better able to go forward in a modern world .
11:03 PM on 05/22/2012
What a none story - What is Labour trying to hide by raising this ol chesnut again?
07:24 AM on 05/23/2012
der the electoral commission not labour raised this!!! What are your tory mates trying to hide??
10:23 PM on 05/22/2012
Im poorer now than I have ever been does that mean I should vote tory like our Dave says,to make me even poorer.To me and others like me ,it does not matter one little bit if the euro goes down the swawnny or not I will still be poor ,but it does affect daves bunch they may get to be poor --- my rs.
07:09 PM on 05/23/2012
Well you guys voted for them. Think of we poor Scots, (Wee poor Scots too), we never voted for them but, thanks to you lot, we still got them anyway. Roll on independence.
05:55 PM on 05/31/2012
i like the " roll on independece" bit i look forward to seeing how scotland is going to be run !!!
09:34 PM on 05/23/2012
I didnt vote for them,I voted labour,IN GOVAN.
09:09 PM on 05/22/2012
He's a rogue and he's been sacked, oops Dave he's given us loads of cash, ok ok he's a little bit of a rogue and he's been a little bit sacked. Give the money back? No way Jose.
08:59 PM on 05/22/2012
Self serving bunch of toff pots.
08:52 PM on 05/22/2012
This story is about people who put money in the till, what happened to the story where nearly all the MP's were taken money out of the till, know what I mean nudge nudge?
08:24 PM on 05/22/2012
If your job title is Member of Parliament, it means your as bent as a 9 bob note
08:07 PM on 05/22/2012
Cameron said he'll make sure there is a party inquiry to make sure this can't happen again.

We won't tell anyone, he should have added.
07:33 PM on 05/22/2012
There is a law in England that says no one will be allowed to gain financially from Criminal activity, so i can only come to the conclusion that this law does not apply in politics.
Southern law girl
Researching my viewpoint....
11:04 PM on 05/22/2012
Peter deBullion

That is correct! However, try getting enough evidence to convince the CPS of that! Even during the expenses scandal too many got off the hook!

Best wishes!
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HUFFPOST SUPER USER
Fozwords
Abandon hope when you post on here
06:59 PM on 05/22/2012
Jail him
09:05 PM on 05/22/2012
Hang him
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HUFFPOST SUPER USER
Fozwords
Abandon hope when you post on here
04:23 PM on 05/23/2012
Yo
11:58 PM on 05/22/2012
orf with is head
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HUFFPOST SUPER USER
Fozwords
Abandon hope when you post on here
04:24 PM on 05/23/2012
I say wort a grand idea.
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HUFFPOST SUPER USER
Laatab
All The Worlds A Stage
05:55 PM on 05/22/2012
Its like a perpetual game of political musical chairs and it's anyones guess who will be left standing when the tunes stops. Nothing will change because this sort of corruption is just part and parcel of the game. the only way to stop is to fund them from the state and remove donations from the equasion so theres no chance any of them would be in favour of that as it not only upsets the apple cart it opens the door to other parties who are not in with the in crowd.
07:23 PM on 05/23/2012
Och! Cheer up. When we Scots, (and wee Scots), take our independence then there cannot be a continuation of the United Kingdom Parliament that was formed, in 1707, by a treaty between only England & Scotland. Neither Wales, an English Princedom, or Ulster, an English Province, signed that Treaty Of Union. So England cannot continue to use the Westminster Parliament of the United Kingdom as the Parliament of England, well not unless they continue to retain the Scottish MPs that were elected to it. Nor can they just take it over as it was purpose built to house the United Kingdom Parliament, useing tax partly provided by Scottish taxpayers. (after the old Westminster Palace burned to the ground). Nor can they claim the Pound Sterling as English as that became UK currency in 1707. Oh! And the Bank of England is not English either as it was nationalise in 1946, but by the UK, not England. So cheer up they will have to reorganize how England is run after Scotland leaves, pays her share of the national debt, and claims her share of the UK assets.