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Leading RBS banker funds Ed Balls

Anon. | 10.02.2011 07:31 | Public sector cuts

Labour were making much of the Tories City backing during their exchanges George Osborne kicked back mentioning Ed Balls receiving financial backing for his leadership campaign from a “Lehmans banker”.

Ed Balls was the City Minister in government. A close look at the donations shows besides Ken Follett the only individual donating to Ball’s campaign was indeed a banker. Michael Sanzone worked at Lehman Brothers before becoming a director at RBS. He gave £2,500 on August 25 last year and then another £2,500 donation 2 days later on August 28. Oddly a Mark Robertson gave exactly the same amounts on the very same days and gives the same address as Michael Sanzone. So Balls received £10,000 from one address over 3 days divided into 4 smaller payments, making this one house in Islington a bigger source of funds for his leadership campaign than any trade union.

The simple fact is that both the Tories and Labour have close links to the City and we can’t trust either of them.

Anon.

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