Re: Political Party Debts
"The Conservative and Labour parties will be criticised by the Electoral Commission next week for breaking the law by failing to disclose hundreds of thousands of pounds of donations from supporters.
Next week’s figures will contain a “significant” number of late donations after the commission found considerable discrepancies between recently published constituency party accounts and disclosures made to them last year.
The discrepancies were revealed after a formal complaint was made to Sam Younger, the commission chairman, by Brian Jenkins, Labour MP for Tamworth, against seven Tory constituency associations for failing to report support received from multi-millionaire Lord Ashcroft.
Some £72,000 worth of donations had gone unreported from Clwyd West, Calder Valley, Brighton Kemptown, Monmouth, Shipley, Tamworth, and Wellingborough. Nearly all were sent to the associations from a company, Bearwood Corporate Services Ltd, used by Lord Ashcroft to fund favoured Tory candidates standing in the previous election."
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