On the subject of the Lords as an accident waiting to happen, we have two interesting post. Garry Smith shows that the loans were probably not, really, on commercial terms, and were really donations in disguise.
In fact, the loans are actually only repayable six months after the lender specifically asks for them to be repaid. If the lender does not do so, the loan might conceivably never be repaid. It's almost as if the terms of the loans have been specifically written so that they could be turned into donations at a later date.In the meantime, Shaun Rolph has all the evidence pointing that Levy and Blair acted illegally if they did withhold details of the money to the elected party treasurer, Jack Dromey (via).
anyone who, with intent to deceive, concealed from Jack Dromey (i) the amount of any donation made to the party, or (ii) the person or body making such a donation, has committed a criminal offence.It's probably a good thing for tired Tony that he knows a few decent lawyers, right? When I wrote that post, I didn't even think to dream he'd be out because he broke a law he himself wrote.