Mandelson's Greek Pleasures on Queen KYacht
Peter Mandelson joins richest Russian on his superyacht - Times Online
Peter Mandelson gave trade concessions worth up to £50m a year to Russia’s richest man who has entertained him on his superyacht.
The encounter on the 238ft yacht, Queen K, in Corfu this summer was the latest in a series of social meetings between Mandelson and Oleg Deripaska — known as the “king of aluminium” — during the politician’s term as European Union trade commissioner.
At the time of Mandelson’s Corfu holiday his trade department was a few weeks into a fresh investigation into aluminium foil tariffs, which could have hit one of the Russian’s companies.
The Sunday Times was told by an authoritative source that he had been an overnight guest on the boat, a European spokesman said: “He exercised his role as commissioner despite his friendship with Mr Deripaska.” He refused to say whether Mandelson had stayed on board.
Of course we know that Mandelson is a pretty straight sort of guy so of course there is nothing to worry about...