Mandelson Demanded £547k Payout After Sacking, Settled for £75k
Mandelson Demanded £547k Payout, Got £75k After Sacking

Mandelson's Payout Demand Revealed in Official Documents

Official documents released by the government have disclosed that Lord Peter Mandelson sought a substantial payout of £547,201 following his dismissal as the UK ambassador to the United States. The former Labour cabinet minister ultimately agreed to a settlement of £75,000 with the Foreign Office, according to the newly public records.

Details of the Severance Negotiations

In the first batch of documents related to Mandelson's tenure as ambassador, it was confirmed that he demanded this hefty sum to cover the remainder of his scheduled work as a diplomat after being sacked last year. This request was made despite his termination, which occurred after Sir Keir Starmer dismissed him as ambassador. The dismissal followed revelations that Mandelson appeared to have a close relationship with Jeffrey Epstein after Epstein's initial conviction.

Documents from the Cabinet Office regarding the vetting process indicate that Foreign Office permanent under-secretary Oliver Robbins argued the £75,000 payment represented "good value for money". Both the foreign secretary and Number 10 were aware of and reviewed the severance package offered to Mandelson.

Ongoing Police Investigation

Mandelson is currently under police investigation concerning the nature of his relationship with Jeffrey Epstein. He was arrested on suspicion of misconduct in public office and subsequently released on bail. Allegations from files in the United States suggest he may have leaked sensitive information to the late convicted paedophile around the time of the financial crisis.

This story is developing, and further details are expected to emerge as the investigation progresses and more documents become available.