Saturday, September 20, 2008

The third trustee

Former National Cabinet Minister Roger McClay has been revealed as the third Spencer Trust trustee, and Winston Peters' money-broker. Patrick Gower in the Herald reports:

Former Children's Commissioner and National Government minister Roger McClay is the common denominator in parallel political controversies.

Mr McClay is the mysterious third trustee of the Spencer Trust, which has funnelled $234,171 into NZ First since 2005.

It emerged during the hearings by Parliament's privileges committee that he also made the initial approach to expatriate billionaire Owen Glenn, who eventually donated $100,000 to Mr Peters.

That makes Mr McClay a common denominator between the two controversies.

Mr McClay was Mr Peters' senior adviser in 2004 and 2005.

His name first came up when Sir Robert Jones questioned whether a $25,000 donation he made in August 2005 before that year's election ever made it to NZ First.

Sir Robert said Mr McClay was at the drinking session where the donation was solicited and later asked for the cheque to be made out to the Spencer Trust.

Hmmm - "Mr Peters' senior adviser in 2004 and 2005" - Herald-speak for "right at the epicentre of all these goings-on". Keeping Stock hopes that McClay's son Todd, National's candidate for the Rotorua electorate is not affected by the "sins of the father" as it were. We believe he has an excellent chance of unseating Steve Chadwick in 49 days' time.

2 comments:

pdm said...

I have a recollection of seeing McClay Snr being linked to Peters a few months ago. Unable to recall exactly where though - it may have been at the time that the Gear (is that right) name first appeared.

Anonymous said...

McClay has been a taxypayer funded advisor for NZF

this means jail time for McClay.