Clegg defends Lib Dems over donor’s conviction
The 42-year-old crook, who was convicted of theft and other charges yesterday after going on the run, got the cash — which ended up in the party’s 2005 election war chest — after “tricking” an international line-up of wealthy clients with promises of massive returns.
Altogether, they gave him £36m, nearly £8m of which belonged to former Manchester United chairman Martin Edwards. London’s Southwark Crown Court heard much of his ill-gotten gains were squandered on a life of fast cars, a jet and no-expense spared holidays.