Tag Archives: lakshmi mittal

Tax-exiles get a new lease of life as political donors

By Mark Pack | Sun 2nd August 2009 - 1:23 pm

From today’s Observer:

A much-publicised law designed to stop wealthy tax exiles bankrolling political parties has been quietly dropped until after a general election, the Observer has learned.

The disclosure means that key Labour donors such as Lakshmi Mittal as well as Tory donor Lord Ashcroft will still be able to pump millions of pounds into the forthcoming election campaign, despite promises to curb the influence of wealthy backers. It has prompted accusations that the government has “nobbled” an act of parliament by failing to ask the electoral commission to enforce the rule.

Lord Oakeshott, the Liberal Democrat treasury spokesman, said he

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