The Gus O'Donnell Whitewash - *Updated*
I was going to comment on the farce that was Gus O'Donnell's inquiry into Tessa Jowell and her husband's dodgy dealings, but this headline says it all...
From Tessa's Statement:
I knew nothing more about the nature of the investment.
I was not aware until recently that the loan had been repaid shortly after it was taken out, so our London home was no longer needed as security.
So we are expected to believe the conversation in the Jowell household went a bit like this:
David: Tessa darling would you sign these papers please?
Tessa: Certainly sweetie, what are they?
David: Snookums, I'm just remorgaging our house.
Tessa: Oh what for?
David: Just need a loan for an investment.
Tessa: Ok sweetie.
Cut to "just recently':
David: Oh my little love poppet, remember the morgage on the house?
Tessa: Oh yes darling?
David: I've paid it off
Craig Murray says it so much better than me, I'm too angry and pissed off with the debacle to make any sense anyway...
Sir Gus O'Whitewash has ruled. Teresa Jowell did not break the rules because for four years David Mills did not tell her he had received what he then believed was a gift of $600,000.
How nice it must be to be so fabulously wealthy that a gift of $600,000 is so unimportant to you that you do not even bother to mention it to your partner!
Actually, I have a lot of experience of the very rich, and they are much more obsessed with money than the poor, and certainly talk about it more. I just don't believe Jowell.
This is particularly true as the money was used to pay off a large remortgage which she herself had just taken out. She is now saying that she didn't have any idea, or apparently ask, where all the money to pay off the mortgage came from.
There is also a peculiar bit of reasoning by Sir Gus O'Whitewash. Jowell alleges that she did not know about the money for four years, and by that time tax was paid for it, so it had become earnings, not a gift.
Actually, that doesn't follow. If you receive a large cash gift it is still classed as income, and taxable.
Of course, what we still do not know, is who this money came from, and why. If it did not come from Berlusconi or from another illegitimate source, show us the paper trail. It is inconceivable that such a large sum from any legitimate source is not documented.
That money was used to pay off a mortgage which was 50% in Jowell's name. So to accept it is only her husband's business is simply nonsense.
Whitehall's whitewash has become so watery as to cover up nothing.