Former British Prime Minister Tony Blair has been cashing in on his old job and is making a fortune. More than any other Prime Minister before him.
As detailed in a new British documentary, Blair was appointed the official representative Envoy of the Quartet on the Middle East and later set up Tony Blair Associates – his international consultancy – which handles multi-million-pound contracts in the Middle East. He is getting vast sums of money for this work.
The Telegraph reports that he makes at least £7 million ($US10.8 million) a year out of these deals and has also built links with Monitor Group, an American public affairs consultancy that earned millions of pounds working for Col Muammar Gaddafi, the deposed Libyan dictator.
The Telegraph's Jason Lewis writes: "Mr Blair's organisation, a Byzantine web of highly specialised limited partnerships and parallel companies, is baffling in its structure. He has a commercial consultancy, Tony Blair Associates, and jobs advising JP Morgan, the US bank, and Zurich Financial Services, the Swiss insurer. He has set up two major international charities, the Tony Blair Africa Governance Initiative (AGI) and the Tony Blair Faith Foundation. Much of Mr Blair's income has been funnelled through a structure called Windrush Ventures, which also runs and pays for the Office of Tony Blair in Grosvenor Square, London."
With the Middle East generating massive income for him, The Guardian reports that Blair now has his sights set on Russia and the oligarchs there.
The fundamental issue here is transparency. The public has a right to know how Blair is cashing in on his previous role as a leader elected by the people.