An AFR op-ed last Friday cited an anonymous corporate affairs head giving as one reason for ceasing political donations ‘some fear around our reputation’.
And little wonder, given the flimsy grounds on which businesspeople are subject to political donations innuendo.
A page one story in The Weekend Australian did at least – unlike other political donations investigations – start with something that looked a bit suspicious, a favourable deal for Credit Suisse in the now-infamous OzCar scheme.
But from there we head off on a particularly tenuous drawing of links:
The Weekend Australian can reveal that John O’Sullivan, the chairman of investment banking for Credit Suisse, donated more than $20,000 to the Wentworth Forum, the Opposition Leader’s political fighting fund.
But why is this relevant? The Opposition was working to discredit a Labor scheme that benefited Credit Suisse, a funny kind of buying influence for a Credit Suisse executive.
Continue reading “More political donations innuendo”