A book like this had a golden opportunity to explain the "Missing Millions" once and for all. According to a wide- ranging investigation by Business Age, recently re- launched, the magazine alleged that at least £150 million were completely unaccounted for during the Thatcher years.
This is an allegation, which is widely accepted throughout parliament and led directly to the Nolan Report which heavily recommend that all parties should reveal the identities of their sponsors and the amount of their donations. Despite this wise suggestion, applauded by John Major himself, Tory Party finances are still a "bag of worms" (Guardian).
All McAlpine had to do to sort out the widespread rumours was use this opportunity to explain exactly where the money went to.
Major, by the way, immediately announced that he never took part in any fund raising and let the CCO work entirely autonomously. This is claptrap. The Prime Minister, any Tory Prime Minister, is the de facto "chairman" of the CCO. It is entirely his tool. It is accountable to no one else, not even accountants, for they are not required under present law to present their accounts for any kind of proper perusal.
On charges that he is a paedophile there is not a word, except a mention by Lynn Barber in the Observer Review in which she had asked him why he had not sued us. He refused to comment, except to say that if she repeated the allegation, he would sue the Observer.
When he slid away, breathlessly relieved at the close shave, to go abroad in voluntary exile for "tax reasons," the Tories were £10 m in debt. Yet he claimed he had raised £150 m for them. It literally doesn't add up.
|Update: McAlpine has written and co-written a number of books. He has also written for periodicals. |