AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
No strings attached to loan given to Labour party: Chai Patel.
No strings attached to loan given to Labour party: Chai Patel
London, Mar 21 (PTI) Chai Patel, NRI founder of the chain of Priory Clinics and one of the 12 donors of the UK's governing Labour party before the last general elections, today said there were no strings attached to the loan and at no point did he discuss about anything in return.
"There were categorically no strings attached to this. At no point have I had an implicit or explicit conversation about rewards," Patel told BBC.
Besides Patel, another NRI entrepreneur, Sir Gulam Noon, founder of the Noon products providing Indian food to supermarkets, lent a loan of 250,000 pounds to the party.
The Labour party today published a list of 12 wealthy donors who had bankrolled its election campaign to the extent of 13.95 million pounds last year.
Patel, who had given 1.5 million pounds, said he was approached by Labour fund-raisers, rather than the other way round.
Although he would have been happy to give a donation, eventually they settled on a commercial loan - at an interest rate of 2 per cent above base rate, which will mature in August this year.
- No strings attached to my pounds 1m loan to Labour.(Business)
- Newspaper article from: Western Mail (Cardiff, Wales) March 22, 2006 700+ words
...there were 'no strings attached' to his pounds 1m loan to the Labour Party. His disclosure came as the Labour Party's ruling body...supporter of the Labour Party. A statement...There were no strings attached. Nothing was...
- No strings attached
- Magazine article from: New Statesman Brasher, Stephen May 12, 2008 700+ words
...was, but it's not all the politicians' fault [Author Affiliation] Stephen Brasher is the author of an essay on the Labour Party and national identity in "Imagined Nation: England After Britain", edited by Mark Ferryman (Lawrence & Wishart...
- Cellnet Communications Introduces No Strings Attached Cellular.
- Press release article from: PR Newswire February 27, 2002 700+ words
...Mich. -- At last, a cell phone with no strings attached, no credit checks, no contracts, no deposits...exciting new pre-paid program called No Strings Attached. The No Strings Attached program allows customers to choose from...
- Langham Hotels International Develops 'No Strings Attached' Pledge to Help...
- News wire article from: PR Newswire May 19, 2009 700+ words
...International has launched the "No Strings Attached" Pledge taking out the sting for...which carry substantial penalties. No Strings Attached offers complete flexibility...is now waived under Langham's No Strings Attached Pledge. No Food and Beverage Minimums...
- 'Carlos Mencia: No Strings Attached - Live, Extended and Uncensored' DVD Goes...
- Press release article from: PR Newswire June 28, 2007 700+ words
...DVD comedian. "Carlos Mencia: No Strings Attached - Live, Extended and Uncensored...certified platinum. "Carlos Mencia: No Strings Attached - Live, Extended and Uncensored...Carlos Mencia." "Carlos Mencia: No Strings Attached - Live, Extended and Uncensored...
- Strings attached to aid would force big changes at GM.(General Motors Corp.)
- Magazine article from: Crain's Detroit Business November 17, 2008 700+ words
...this week. Any bailout will come with strings attached. Democrats will demand limits on executive...offset the cost of idle capacity. Strings attached Any bailout will come with strings attached. Those strings are certain to include...
- Enabling the use of music for everyone in business and at home, with no strings...
- Press release article from: M2 Presswire April 21, 2003 700+ words
...in business and at home, with no strings attached!(C)1994-2003 M2 COMMUNICATIONS...you want is a piece of music with no strings attached and no worry! There are millions...work, we fulfil that need with no strings attached at a rate which is a fraction of what...
- Digital Island and SFX Entertainment 'SYNC-ronize' Music Marketing On Radio and...
- Press release article from: Business Wire March 22, 2000 700+ words
...world premier of *N SYNC's "No Strings Attached" record -- creating a new business...helped expose fans to *N SYNC's "No Strings Attached" CD. It was the group's first...link and the online purchase of "No Strings Attached" CDs and cassettes. This new paradigm...
