Mandelson quits Labour as Epstein documents reveal he promised to amend tax on bank bonuses UK politics live
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Mandelson quits Labour as Epstein documents reveal he promised to amend tax on bank bonuses  UK politics live
"It was my former Guardian colleague David Hencke who first wrote a story in 1998 about a career-ending Mandelson scandal. It involved an undisclosed loan from a millionaire, and Mandelson resigned as trade secretary. Three years later Mandelson was back in cabinet, as Northern Ireland secretary, when he had to resign again, over another story involving a favour and a rich person (this time a billionaire Mandelson's appetite for scandal has been upwardly mobile)."
"But there was no dignity in retirement. In September Mandelson was sacked over his past links with the late Jeffrey Epstein, a convicted child sex offender. And last night, as further revelations about his dealing with Epstein came to light, Mandelson resigned from the Labour party. Here is our overnight story, by Alexandra Topping and Pippa Crerar. As Mandelson explained in his statement last night, he says is quitting the party primarily because of the embarassment caused by documents in the Epstein suggesting Epstein paid him"
Peter Mandelson has faced repeated scandals across his career, including an undisclosed loan in 1998 that prompted his resignation as trade secretary. He returned to cabinet and resigned again as Northern Ireland secretary over another favour-related story involving a wealthy individual. After serving as a European commissioner and returning to cabinet, Mandelson accepted the role of UK ambassador to the US before being sacked in September over past links to Jeffrey Epstein. Documents in the Epstein files suggest Epstein paid him $75,000; Mandelson disputes that claim. Files also show Mandelson advised Epstein in 2009 on how JPMorgan should lobby Alistair Darling against a proposed bankers' bonus tax. Mandelson resigned from the Labour party amid the revelations.
Read at www.theguardian.com
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