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Mystery of Tony Blair's money solved
But he has set up a complicated artificial structure which avoids the normal rule. In effect, he is getting the benefits of running a British company without the drawbacks of unwelcome publicity.
His main vehicle is a so-called limited partnership, christened Windrush Ventures No 3 LP.
Thanks to a gap in the Whitehall regulations, this entity is not required to publish any accounts. Such partnerships must normally disclose figures, or face criminal penalties.
Blair sidestepped the rules by inserting a second partnership as one of the notional partners, in a way the regulations do not cover.
This second partnership, Windrush Ventures No 2 LLP, is a so-called limited liability partnership, a type of entity only invented in 2000, which the rules have not been updated to mention.
Tony Blair turned up in Copenhagen yesterday to preach to world leaders about the dangers of climate change.
In a speech - which the former Prime Minister insists he did for free - he said it would be 'grossly irresponsible' not to sign a deal curbing global emissions of greenhouse gases.
But his appearance will raise suspicions that he is planning to cash in on global warming.
It comes just weeks after he registered the internet name 'Low Carbon Capital Fund' - thought to be a way of making money out of the demand for green technology.
Another novel fact unearthed by an anonymous online researcher was that Windrush registered a domain name for the Low Carbon Capital Fund. This is a hitherto unknown project of Blair's, yet to achieve lift-off
Gordon Brown has been urged to investigate whether his predecessor Tony Blair breached the Ministerial Code by failing to declare a complex network of multi-million pound companies and partnerships.
Opponents want to know why Mr Blair did not register the series of companies and partnerships with the Advisory Committee on Business Appointments (ACOBA), the watchdog set up to vet ex-ministers' appointments to avoid "any suspicion of impropriety".
Mr Blair, who is estimated to have earned as much as £15 million since leaving office, has registered lucrative consultancies with JP Morgan and Zurich Financial, his private speaking engagements and Tony Blair Associates, a partnership he set up to advise foreign countries on a consultancy basis, with ACOBA.
However the new questions surround a series of companies, called Windrush ventures, which was set up by Mr Blair in the days and months after he left office but which he has so far chosen not to declare
Originally posted by andy1033
reply to post by kiwifoot
I do not know about this case, but it sounds like warren buffet and soros, who non stop do insider trading like actions, when they open there mouths.
Buffet has an ego the size of the world, and he thinks his words inspire markets, lol.
Originally posted by AlwaysQuestion
It makes sense and I will be interested to read more. Think I may even have a little dig around also... He has always registered as 'dodgy' to me - something just does not sit right......