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British Tycoon Defends £10,000 Labour donation7 August 2002LONDON -- As reported by the Guardian: ``A tycoon today insisted there was no connection between his £10,000 donation to the Labour party and a planned shake-up of gambling laws. ``Duncan Bannatyne, whose plans to move into the casino business would have been impossible without the changes, insisted it was `absolutely pure coincidence'. ``...Mr Bannatyne's donation to the cash-strapped Labour party was revealed in the latest figures yesterday, sparking a new cash-for-favours row. ``He said (on BBC Radio 4's The World at One programme) : "I have never discussed the white paper on the casino industry with anyone in the Labour party and that remains a fact." ``...The white paper had given him ideas for a new business venture which would have been impossible otherwise, he agreed. ``...`I am always looking for something else to go into and the new Gaming Act gives me something else that's going to be a growth industry.' ``...Mr Bannatyne's donation was included in quarterly figures which showed Labour's income plummeting as it faces its biggest cash crisis for years..." |