Leading article: A troubling lack of transparency

Share
Related Topics

Lord Ashcroft, the deputy chairman of the Conservative Party, is an individual with an unusual level of influence in our national political life. The businessman turned politician has been a generous donor to Conservative Party coffers for almost three decades.

And in recent times, he has been using his private wealth to particular political effect, channelling large sums directly into Conservative associations around the country which are fighting for Labour-held marginal seats. This appears to be having an effect. The Conservatives are polling better in the constituencies which have benefited from Lord Ashcroft's largesse than others.

But how much do we really know about this powerful donor? He rarely gives interviews, or makes public appearances. And his business affairs are opaque. When Lord Ashcroft was awarded his peerage in 2000, it was on the understanding that he would become a UK taxpayer. But today he refuses to answer questions about his tax status. He is also facing an Electoral Commission investigation into his donations to the Conservative Party.

And now doubts have been raised about his conduct in the Central American nation of Belize, where Lord Ashcroft was formerly a resident and where he continues to have considerable business interests. In August the Prime Minister of Belize, Dean Barrow, denounced the peer for using his wealth "to subjugate an entire nation". And, as we report today, there is still considerable political resentment at the peer's influence there.

Meanwhile, Lord Ashcroft's influence in Britain is taking on new forms. He recently acquired two successful political websites. The peer claims his interest in the sites will be purely entrepreneurial, rather than party political. But several of the contributors to one of these sites were not comforted by this reassurance, choosing to resign.

We should not jump to the conclusion that there is something inappropriate about Lord Ashcroft's influence on British politics. But public life needs transparency, particularly where large influxes of money are concerned. At the moment, such transparency is lacking with regard to Lord Ashcroft.

React Now

Latest stories from i100
iJobs Job Widget
iJobs General

Recruitment Genius: 3rd Line Virtualisation, Windows & Server Engineer

£40000 - £47000 per annum: Recruitment Genius: A 3rd Line Virtualisation / Sto...

Recruitment Genius: Refrigeration and Air Conditioning Service Engineer

£26000 - £35000 per annum: Recruitment Genius: A successful national service f...

Recruitment Genius: Business Development Executive / Sales - OTE £25,000

£15000 - £25000 per annum: Recruitment Genius: This is an opportunity to join ...

Recruitment Genius: Sales Administrator - Fixed Term Contract

£17500 - £20000 per annum: Recruitment Genius: We currently require an experie...

Day In a Page

Read Next
Andy Coulson  

Andy Coulson: With former News of the World editor cleared of perjury charges, what will he do next?

James Cusick James Cusick
Jack Warner  

Fifa corruption: Strip Qatar of the World Cup? Not likely

Tom Peck
Syria civil war: Meet the military commander who says his soldiers will not rest until every inch of their war torn country is free of Islamist 'terrorists'

‘We won’t stop until Syria is back to normal’

Near the front lines with Islamist-controlled towns where Assad’s troops were besieged just last month, Robert Fisk meets a commander confidently preparing his soldiers for battle
The inside story of how Bill Clinton built a $2bn global foundation may undermine Hillary's chances

The inside story of how Bill Clinton built a $2bn global foundation...

... and how it may undermine Hillary's chances in 2016
12 best olive oils

Extra-virgin, cold-press, early-harvest, ultra-premium: 12 best olive oils

Choosing an olive oil is a surprising minefield. Save yourself the hassle with our handy guide
Rafa Benitez Real Madrid unveiling: New manager full of emotion at Bernabeu homecoming

Benitez full of emotion at Bernabeu homecoming

There were tears in the former Liverpool manager’s eyes as he was unveiled as Real Madrid coach. But the Spaniard knows he must make tough decisions if he is to succeed
Sepp Blatter resignation: The beginning of Fifa's long road to reform?

Does Blatter's departure mean Fifa will automatically clean up its act?

Don't bet on it, says Tom Peck
Charles Kennedy: The baby of the House who grew into a Lib Dem giant

The baby of the House who grew into a Lib Dem giant

Charles Kennedy was consistently a man of the centre-left, dedicated to social justice, but was also a champion of liberty and an opponent of the nanny-state, says Baroness Williams
Syria civil war: The harrowing testament of a five-year-old victim of this endless conflict

The harrowing testament of a five-year-old victim of Syria's endless civil war

Sahar Qanbar lost her mother and brother as civilians and government soldiers fought side by side after being surrounded by brutal Islamist fighters. Robert Fisk visited her
The future of songwriting: How streaming is changing everything we know about making music

The future of songwriting

How streaming is changing everything we know about making music
William Shemin and Henry Johnson: Jewish and black soldiers receive World War I Medal of Honor amid claims of discrimination

Recognition at long last

Jewish and black soldiers who fought in WWI finally receive medals after claims of discrimination
Beating obesity: The new pacemaker which helps over-eaters

Beating obesity

The new pacemaker which helps over-eaters
9 best women's festival waterproofs

Ready for rain: 9 best women's festival waterproofs

These are the macs to keep your denim dry and your hair frizz-free(ish)
Cycling World Hour Record: Nervous Sir Bradley Wiggins ready for pain as he prepares to go distance

Wiggins worried

Nervous Sir Bradley ready for pain as he prepares to attempt cycling's World Hour Record
Liverpool close in on Milner signing

Liverpool close in on Milner signing

Reds baulk at Christian Benteke £32.5m release clause
On your feet! Spending at least two hours a day standing reduces the risk of heart attacks, cancer and diabetes, according to new research

On your feet!

Spending half the day standing 'reduces risk of heart attacks and cancer'
With scores of surgeries closing, what hope is there for the David Cameron's promise of 5,000 more GPs and a 24/7 NHS?

The big NHS question

Why are there so few new GPs when so many want to study medicine?