NAT ROTHSCHILD BOOZING IT UP AGAIN
Billionaire financier Nat Rothschild exposed his friend Peter Mandelson to accusations of a conflict of interest while the Labour peer was an EU trade commissioner, the High Court ruled.
The Swiss-based hedge-fund manager had launched a libel battle against the Daily Mail over his trips to Moscow and Siberia with Lord Mandelson and a Russian oligarch.
He claimed an article painted him as a ‘puppet-master’ willing to exploit his friendship with the former Labour spin doctor to impress his business associate, metals magnate Oleg Deripaska.
But he lost the case, and photographs of him, Lord Mandelson and Deripaska at an aluminium smelting plant, were ruled by the judge, along with other evidence, to disprove Rothschild’s claim that the visit has no business-related purpose.