Apparently, Flight is a director of Investec Bank, which lent £30 million to Simon Mann’s company Logo Logistics to buy businesses in Equatorial Guinea.
The loan was cancelled after Mann’s plan to mount a coup in the country collapsed with his arrest in Zimbabwe.
The Sunday Times has a lot of interesting material on the Tories today. Like this for example:
Insight: Tory MP in £1.5m diamond mine row
A SENIOR Tory MP who heads a Commons committee to alleviate poverty in the Third World has been accused of attempting to use his position to make up to £1.5m for his own company.
Tony Baldry, a former foreign minister, has been paid by a diamond firm to lobby the government of a west African country to secure valuable diamond concessions.