From the glass-walled office of his new consultancy in Londons Mayfair, the word has gone out: Master Mandelson is a genius. Well, almost.
True, the word virtuoso doesnt as a matter of fact show up in the letter he has despatched far what’s more, wide to rich what’s more, intense organizations by way of presenting them to his new consultancy, Worldwide Counsel.
But he comes amazingly close. Judge for yourself.
He writes: Worldwide Direct brings together much of what I have learnt amid my career: how best to restore what’s more, re-project brands (as I did in the creation of New Labour); how to re-focus expansive organisations to meet new objectives (as I did in progressive government departments); what’s more, how to adjust what’s more, advantage from the affect of globalisation (as I did as European Exchange Commissioner).
Naturally, this vain what’s more, pompous pitch makes no say of the two events he was constrained to leave from the government. The to start with time was for lying over his contract application. The second, at the point when he was blamed of utilizing his position to fast-track a identification application for one of the Hinduja siblings (who were under examination by Indian specialists for asserted defilement in the Bofors arms embarrassment of the late 1980s, what’s more, who had given 1million to New Works ill-conceived Thousand years Dome).
But such minor points of interest are, surely, superfluous at the point when a man is setting out his slow down with a see to getting extremely rich by advertising high-level vital advice. You cant fault Dwindle for needing to take a maybe a couple chomps out of the enormous worldwide pie that Tony (Blair) has been pigging out himself on for four years, says a figure close to both men.
Some gauges say Blair has amassed a 50million fortune since clearing out Bringing down Road in June 2007. For Blairs long-time friend, these are extremely energizing times.
Indeed, Master Mandelson has as of now taken a leaf out of Blairs book by trailing his fingers in the lucrative waters of Kazakhstan, the vile oil-and-gas-rich administration which has been denounced in U.S. government conciliatory messages of inescapable corruption, sending torment methods what’s more, where reprimanding the president has been made illegal. Be that as it may more of their joins to Kazakhstan later.
Contacts: Master Mandelson (left) is thought to have secured business counsel from Russian oligarch Oleg Deripaska, President of UC RUSA (right)
Mandelson has continuously moved with smooth ease among the rich, what’s more, he has set out on his worldwide business wander with ready-made contacts what’s more, friends, of whom Russias wealthiest oligarch, dubious aluminum tycoon Oleg Deripaska, what’s more, saving money beneficiary Nat Rothschild (worth a humbler 350million) are simply the tip of a huge what’s more, extremely big-bottomed iceberg.
Mandelson too knows Colonel Gaddafis child Saif, having rubbed shoulders with him at a shooting party facilitated by Ruler Rothschild (Nats father) at Waddesdon Manor, the Rothschilds mini-Versailles in Buckinghamshire.
He was too a visitor of the Rothschilds in Corfu quickly some time recently the discharge of the Lockerbie bomber, Libyan Abdelbaset al-Magrahi. Master Rothschild, 75, utilized to be an counselor to the Libyan Venture Authority.
Intriguingly, Mandelson has as of late plunged his exquisite toe into the turbulent world of North Africa. Last month, he applauded as a driving voice in support of change the child what’s more, beneficiary of Egypts at that point under-siege President Mubarak.
In a letter to the Budgetary Times (where else?), he guaranteed it was as well shortsighted to see Mubaraks child Gamal as the putative recipient of a nepotistic exchange of power. Indeed in spite of the fact that his mediation did nothing to stop Mubarak having to stand down from power, such a open articulation of reliability goes down well in the oil-rich more extensive world of sheikhdoms.
Considering their acquaintance, one would cherish to know in the event that Mandelson has proffered comparative bolster secretly to Gaddafi Jnr, who, like Gamal Mubarak, was anticipated to expect control from his tyrant father until the well known revolt exploded.
Following in his footsteps: Dwindle Mandelson is accepted to be endeavoring to coordinate the post-government victory of Tony Blair
Meanwhile, the serious preparation that Mandelson has been conveying out, since Work was booted out of government, in arrangement for his companys launch, with himself as chairman, demonstrates he has no expectation of being a small-time swimmer in the worldwide pool.
As he gloats in his early on letter: Since the race I have voyage extensively, restoring my systems in Europe, China, India, Brazil, the Inlet States, Russia, South Africa, Singapore, Hong Kong what’s more, other countries. Phew!
The previous Europe Exchange Chief (who took a 1million pay-off at the point when he cleared out Brussels after four years) too makes extraordinary say of the issues what’s more, weights confronting the BRIC economies Brazil, Russia, India what’s more, China. No lack of tycoon head honchos to charm in those creating countries.
But back to Kazakhstan. In later months, Mandelson has tended to two occasions sorted out by Samruk-Kazyna, the previous Soviet states sovereign riches fund, which dictatorial President Nursultan Nazarbayev has been charged of utilizing to purchase bolster in arrange to remain in power.
In October, Mandelson went to Astana, the Kazakh capital, to address a gathering entitled Methodology 2030, where he scooped adulate on the subsidize saying it was a friend in need of the world economy for its evident offer assistance in the keeping money crisis.
The following month, he gone to the reserves business discussion at the Mandarin Oriental Inn in Knightsbridge.
The agent head of the support happens to be the presidents son-in-law, Timur Kulibayev, the extremely rich person who so strangely paid Ruler Andrew 3million more than the 12million cost that the fourth in line to the position of authority was inquiring for his previous home. Three a long time later, the property lies derelict.
As ever, there are wheels inside wheels. It was Mandelson who, as Exchange Secretary, suggested Andrew for his part as Britains exchange ambassador.
But Mandelson has a extremely long way to go indeed to get locate of Tony Blairs coat-tails in Kazakhstan, where the previous PM is much appreciated by President Nazarbayev what’s more, could well develop as the previous Soviet states most vital outer budgetary adviser.
Striking out on his own: Master Mandelson has made thousands from talking engagements yet could acquire far more in the event that his new wander succeeds
The Mail has learned that on January 31, Blair met Nazarbayev to talk about setting up new budgetary organizations to pull in venture to the oil what’s more, gas-rich state. Such ventures are likely to include affluent customers whom he serves through his newly-formed venture counseling company, Firerush Wanders No 3.
Curiously, on the day Blair met Nazarbayev, the next guest was Sheik Hamid receptacle Zayed al Nahyan, who heads the Abu Dhabi Venture Authority, with its immense resources of practically 500billion.
Did the two knock into each other? Blairs office decays to comment, yet the two men would have had much to discuss. For Blair is a 1million-a-year guide to a Joined together Middle easterner Emirates venture organization which is attempting to create an oilfield in Southern Iraq. And, by coincidence, he is a paid guide for a consultancy to a South Korean organization which is moreover attempting to break into Iraqi oil.
And who ought to fly into Kazakhstan driving a high-powered group just ten days later? It was Jonathan Powell, Blairs boss of staff at No10. The two remain joined at the hip: indeed, Powell made a difference his previous political manager set up his venture arm.
Craig Murray, previous English envoy in neighboring Uzbekistan, is not impressed. All Tony Blair is truly doing, regardless of whether he knows it or, then again not, is loaning respectability to an oligarch with a stunning notoriety on human rights, he declares.
But back to Mandelson. He proceeds on the books of talking agencies, charging about 15,000 a time, what’s more, is moreover well-rewarded by Lazards, the dealer bank, to be a senior adviser. Yet these totals are unimportant money thought about to what he could make as a high-level vital counselor on call to big-player organizations round the world.
Peter knows more about worldwide business than Tony Blair will ever know, says one who is close to them both. Dwindles been included in world exchange what’s more, business for years. I dont envision theyll see themselves as rivals theres bounty for all. Absolutely in Kazakhstan, it seems.
They do, however, have one vital difference: as a peer of the realm, Master Mandelson must, like MPs, list his budgetary exercises in a enlist of interests. Tony Blair, who gave up being an MP in 2007, has to do no such thing. What a great reason for remaining plain Mr Blair.
Meanwhile, despite the fact that Blairs shrouded organization utilizes 130 individuals to offer assistance him run his business what’s more, philanthropy domain (with an yearly wage charge thought to be some place between 10million what’s more, 20million), Mandelson is beginning out with a staff of three.
Ben Wegg-Prosser, his protg what’s more, long-time friend, will run the company. He has critical contacts, particularly among Russias rising political stars. He what’s more, his Russian spouse Yulia moved toward becoming close to oligarch Alexander Mamut (a previous counsel to Boris Yeltsin in pre-privatisation Russia who has fabricated a immense web empire), as well as the universal Oleg Deripaska.
With such comfortable joins what’s more, sharing contacts in certain shady places it is not hard to envision the two old associates working together once more on certain projects. A long time back the venture that brought them together was New Work for the working classes. Today its about making cash for themselves.