Watt's it all about?

Easily the most interesting aspect of the whole bizarre Abrahams affair, the apparently reclusive property developer in the Northeast and the £550,000 he seem to have illegally donated to the Labour party via his hapless associates, one of them a solicitor note, is the assertion that baby-faced Peter Watt, the party's now ex-general secretary, was the 'only' person in the party who knew the source of the donations.

If it defies credulity well beyond breaking point to believe that Watt was unaware that there was a legal requirement for the name of the actual donor to be made clear, then you can only assume the party takes us all for straw-haired village idiots if it assumes it can pretend that no one else was aware who this was.

That said, it seems clear that Watt's near instant resignation is an attempt to persuade us that the exclusive fault lies with him. Equally, it begs the question, easily answered I'd say, as to whether he jumped in the full knowledge that if he didn't he would be pushed.

Then again, it's as well to bear in mind that when we are assured that the Bottler knew nothing of the real source of the money – "Ah good, PM, I see that nice builder Ray Ruddick has given us another £80,000. That makes £104,000 is less than a fortnight. Extraordinary what you can make installing kitchens in Newcastle." – it is only fair to point out that the same Bottler, the man who as Charlie Whelan reminded us last week 'masterminded' three Labour election victories, apparently also knew nothing of the source of the £15m that paid for the Labour campaign in 2005. And this our 'greatest-ever chancellor'.

Oh dear, Bottler. Oh dear, oh dear, oh dear.

From cash for honours to cash for kitchens.

UPDATE: Now the CPS has been called in. Read it here.