Mandelson hides his ca$h

[POSTMAN]

Lord Mandelson, the Business Secretary, is keeping his financial affairs secret by putting them in a blind trust, it has been disclosed.

http://www.telegraph.co.uk/news/newstop ... trust.html" onclick="window.open(this.href);return false;

The Government finally published a list of ministers' interests today, 18 months after it had been first promised by Gordon Brown.

The document reveals that Lord Mandelson and a number of other ministers have put their assets in trusts that are beyond scrutiny.

Under Lord Mandelson's entry, the register states: "Lord Mandelson's financial interests have been transferred into a blind trust."

Apart from declaring his role as a patron of the NSPCC, the only other declaration says: "Lord Mandelson will receive a European Commission pension at the age of 65."

Blind trusts are used to ensure that ministers do not have direct control over financial assets.

However their use was criticised by Norman Baker, the Liberal Democrat MP who has been campaigning for more openness about MPs' finances.

He said: "This is a crude attempt to avoid scrutiny of ministers' interests.

"Unless the register is properly produced for public consumption, how can we have confidence that conflicts of interests are not there."

The official list of ministerial interests went into much more than the detail which MPs and peers have to give to Parliamentary authorities.

The Prime Minister's spokesman said this afternoon: "The whole point is that Lord Mandelson doesn't know what they are and therefore it doesn't affect his decisions as a minister."

More here....

http://news.bbc.co.uk/1/hi/uk_politics/7941088.stm" onclick="window.open(this.href);return false;

http://www.google.com/hostednews/ukpres ... alvi6AdZ2w" onclick="window.open(this.href);return false;

[POSTMAN]

This is bollox,these c***s have scammed so much money they can put it away in trusts and forget about it.
And what about the pension for Mandy,he was only in Europe 5 fecking minutes!!

[axeman]

He's very fond of 'oleg' i hear ..just maybe a donation has been arranged as we already know 'mandy' is fond of little backdoor dealings

[k979aaa]

He's very fond of 'oleg' i hear ..just maybe a donation has been arranged as we already know 'mandy' is fond of little backdoor dealings

Next we will all be driving round in LDV vans in any colour but red the ones they could not sell after the plant that good old OLEG shutdown and turfed all those workers out of a job!. :mfo

[BELIAL]

I've had terrible trouble with my Blind Trust Fund, mystery deposits for thousands of £'s from unknown benefactors just keep appearing, tis a real worry Still plausible deniability is still popular.
I just hope my fund is not investing in an offshore tax haven, but hey how am I to know

[k979aaa]

I've had terrible trouble with my Blind Trust Fund, mystery deposits for thousands of £'s from unknown benefactors just keep appearing, tis a real worry Still plausible deniability is still popular.
I just hope my fund is not investing in an offshore tax haven, but hey how am I to know

If he does not know of his own financial situation how can he know of the complex financial situation of royalmail and the postal market as a whole or is he just making it up as he goes along the blinkered politician is trying to pull the wool over our eyes. :mfo