Sir Gulam Noon, the food tycoon whose nomination for a peerage was blocked after he was advised by Labour not to declare a £250,000 loan, has told The Times that he may convert the loan into a donation after being impressed by the new Prime Minister...
His nomination was blocked because he omitted the loan from his form. The police interviewed Sir Gulam twice under caution as they tried to establish whether there had been a conspiracy to sell honours. (The Times)