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The ultimate source of the millions of pounds (click here) that Michael Ashcroft has poured into the Conservative party via a small company on the south coast of England remains as mysterious as ever tonight, despite a 15-month investigation by the Electoral Commission.
It is now accepted that the £5.1m donated to the Tories by Bearwood Corporate Services (BCS), a company controlled by Ashcroft, originated in Belize, the Caribbean tax haven that he called his home for many years before pledging to end his life as a tax exile a decade ago....