XPost: uk.politics.misc, uk.politics.parliament, alt.politics.british   
   XPost: uk.media, uk.legal   
   From: banana@REMOVE_THIS.borve.demon.co.uk   
      
   In article , Scott   
    writes   
   >Cynic wrote:   
   >> On Tue, 28 Feb 2006 13:41:12 +0000, banana   
   >>  wrote:>David Mills isn't as   
   >>   
   >>   
   >>>He and his wife Tessa Jowell signed a document to get a loan from   
   >>>Hambros Bank, who then put a charge on the title of their house   
   >>>(commonly called a 'mortgage').   
   >>   
   >>   
   >> Well no.  A mortgage is the term usually used to describe a *long   
   >> term* loan secured on property, designed to be paid back in   
   >> installments over years.  The activity in question would normally be   
   >> described as a "bridging loan, using the property as security".   
   >>   
   >> What has not been clarified is whether the loan was one designed to be   
   >> repaid over a protracted peiod of time which was then paid back within   
   >> a month.   
   >>   
   >> Even that is not too unusual.  A person may decide to raise money to   
   >> invest in what is hoped to make a quick return.  To protect against   
   >> the possibility that the investment falls flat and the money is lost,   
   >> a person may decide to take out a long term loan but pay it back   
   >> quickly if the hope for a quick return comes to fruition.  I have done   
   >> exactly that myself.   
   >>   
   >   
   >That may be so, but the problem is the money from Torrey Global Offshore.   
   >Why was it moved through seven different accounts, when it could just as   
   >easily been used to make the purchase? The whole exercise looks   
   >indistinguishable from money laundering designed to give the £350,000 a   
   >legitimate face.   
      
   I completely agree. But Hambros Bank shouldn't be assumed to be as pure   
   as the driven snow...   
      
   Hambros were intimately involved with mafia financier Michele Sindona   
   and with Vatican finances... and now they arrange a mortgage for David   
   Mills, international-finance lawyer who set up the money network for   
   mafia media politician Silvio Berlusconi.   
      
   BTW has anyone seen the words 'Berlusconi' and 'mafia' appear in the   
   same UK media article?   
      
   Reminds me of the ban on mentioning the fact that Giulio Andreotti was   
   very high up in P2.   
      
   >It should also be remembered that Jowell is minister   
   >responsible for media and Berlusconi has the largest media empire in   
   >Europe.   
      
   Good point. All those juicy contracts for casinos and sports centres and   
   the Olympic village too... Not to mention when she was at 'health' and   
   Mills was involved in that sector too.   
      
   >Was the money declared in the register of members interests?   
      
   No.   
      
   >Evidently there is no invoice to account for why this money was paid - it   
   >was a gift. Such a gift must be entered in the register of members   
   >interests even if it is to a spouse.   
   >   
   >The behavior that she and/or her husband have indulged in ought to be a   
   >serious criminal offence. Instead successive governments have regarded this   
   >sort of personal enrichment as a perk of the job.   
      
   --   
   banana     "The thing I hate about you, Rowntree, is the way you   
               give Coca-Cola to your scum, and your best teddy-bear to   
               Oxfam, and expect us to lick your frigid fingers for the   
               rest of your frigid life." (Mick Travis, 'If...', 1968)   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)