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3/26/12

British PM hosted meals at family home for financial donors who gave a minimum of euro 299,000 to Conservative party

Britain's prime minister, facing new questions about party fundraising, disclosed Monday the names of major donors to his Conservative Party invited to intimate meals at his family's Downing Street apartment and his official countryside mansion.

David Cameron, whose aides had initially refused to divulge the details, published the lists of guests after the resignation of a fundraising aide caught boasting that he could organize access to Cameron in return for large donations.

Peter Cruddas, co-treasurer of the Conservative Party, quit after he was filmed telling undercover reporters from The Sunday Times newspaper that donors who pledged more than euro 299,000  (US$397,000) a year could join Cameron for meals, and press him over specific policies.

In three private dinners inside his apartment at Downing Street, Cameron hosted, among others, millionaire property tycoon David Rowland, Arbuthnot Banking Group chairman Henry Angest, hedge fund founder Michael Farmer, and Michael Spencer, chief executive of ICAP PLC, the world's largest broker of trades between banks.

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