cash-for-peerages - more sleaze!

The BBC have revealed that Tony Blair's fundraiser-in-chief Lord Levy is up to his neck in this loans-for-peerages scandal.
Businessman Sir Gulam Noon lent the Labour party a quarter of a million pounds. He was then nominated for a peerage.
Sir Gulam filled out the paperwork required by the Lords Appointments Committee, and returned it to Downing St for them to pass on.
He then got a call from Levy informing him he did not have to declare the loan, only donations to the party. This is the same Labour party that introduced the 'anti-sleaze' legislation in the first place.
Although not technically illegal, the advice Levy is giving out certainly breaches the spirit and purpose of the law.
Whether or not there will be charges brought is still a matter for the police. Lord Levy, always a shadowy figure, will be forced out. The party never liked him anyway.
It is hard not to feel sorry for the 'Curry King', Sir Gulam. He has been exposed to a whirlwind of publicity for being public-spirited. He does not appear to have loaned money to the party to buy infuence, he has plenty of that already. He wanted to declare the loan until Levy intervened. Then to top it all he didn't even get a bloody peerage.