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Sunday, April 19, 2015

Blair and his millions

For those of us who like to keep a close eye on our former Prime Minister, today's Telegraph has a useful article looking at Tony Blair's business affairs. It may cause Ed Miliband to think twice before enlisting the help of this thrice times winner of General Elections.

The paper says that Mr. Blair has signed a controversial contract overseeing mining deals in Latin America. He is being paid to advise the Colombian government on how it spends £2 billion earned from mining deals:

The contract, obtained by The Telegraph, reveals that the Colombian government does not pay any fees for his services. Instead, the fees owed to Tony Blair Associates (TBA), Mr Blair’s consultancy firm, are paid for by an oil-rich Gulf state where Mr Blair has developed close links.

The deal raises questions over Mr Blair’s role as a Middle East peace envoy and whether he has used that position to befriend wealthy rulers in Abu Dhabi, the capital of the United Arab Emirates (UAE), who are now funding his private consultancy work in Colombia, among other countries.

The disclosure will add to pressure on Mr Blair to quit as envoy. According to one well-placed source, he is expected to announce his resignation from the role in the coming weeks.

They add that the contract has also prompted concern in Colombia over why UAE was funding Mr Blair’s advisory role in the country, with one senior prosecutor writing to the president demanding an inquiry.

The man has to earn a living I suppose!
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