What would you do with £2.5 million?

Good news for Labour! The latest political financial scandal doesn’t involve David Abrahams.

Bad news for Labour! It still involves Labour, in this case London Mayor Ken Livingstone.

Here are the details:

A senior adviser to London Mayor, Ken Livingstone, is under investigation after at least £2.5 million in public money was channelled to organisations controlled by himself, his friends and his business associates.

Lee Jasper, the Mayor’s director of equalities and policing, is at the centre of a network of companies which have received large sums of public money from Mr Livingstone while appearing to do little or no work in return.

An investigation by the Evening Standard reveals hundreds of thousands of pounds of public money is unaccounted for or has disappeared as a result of grants made through Mr Jasper. [Evening Standard]