“• And nasty Nick does need friends. For after all those draining months spent tussling with the equalities watchdog, the relative peace he sought has been shattered. We learn that the party financial accounts for 2009 are being formally “reviewed” by the official watchdog, the Electoral Commission. Eyebrows there were raised by the decision of the party’s auditor to issue only a “qualified” statement, noting that he could not possibly fully sign off on the accounts as full and fair or complete. There is also the matter for the leader of a £1,250 fine from the Commission, levied because both the party’s national and regional accounts were submitted beyond the deadline – the third such transgression in the past four years. Add to that, bitter testimony from the party’s preferred printer, who has told the Commission that he is still owed £15,000 for leaflets and bulletins – thereby challenging the party’s legal pronouncement that it has no outstanding general election debts – and it does seem that the finances are all over the place. Some doubt that Nick is the man to sort it out. For our part, we wish him well.”
Granted the above is taken from the odious Grauniad snoozepaper, however this doesn’t mean that it isn’t the case.