Stacy Summary: The Guardian refers to the increase as baffling, I choose to call his earnings ‘baffling.’ Baffling in that they even call them ‘earnings,’ when it is obviously ‘kickbacks,’ plain and simple. That it is even considered legitimate (amongst the elite) for a man with his resume to be receiving so much money from such sources is just another of the many Marie Antoinette moments these days.
Unemployment is rising and companies are going to the wall as the economic turmoil continues to inflict damage across the globe. But one organisation is thriving. Records recently filed at Companies House show Tony Blair Inc is going from strength to strength. They reveal that income channelled through a complex network of firms and partnerships controlled by Blair rose more than 40% last year to more than £12m. Of this, almost £10m was paid for “management services”. The money was transferred via a network of firms and financial vehicles.
Accountancy experts are questioning the arcane nature of the network’s finances, which makes it difficult to trace where its money is coming from, or where it is being spent.
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