Mr Mills denies that he received the money as a gift. However, the rules also say the list of interests given to a permanent secretary must include "those of a spouse or partner" and "cover all kinds of interest including financial instruments and partnerships, financial interests such as unincorporated businesses and real estate".
http://politics.guardian.co.uk/commons/story/0,,1719621,00.html£350,000 is a significant amount of money whether it was a 'gift' (really, would anyone ever buy that as an explanation? The only people who you might receive gifts of that size from as true 'gifts' are family, or someone you live with. No billionaire goes around giving that sort of money to vague friends who have lucrative jobs), or if it was earnings (in which case who the services were rendered to should be disclosed).
And there's the question of when she really knew about the £350,000:
Ms Jowell may also be dogged by a number of awkward questions arising from her statement. She has said she was not aware until recently that a mortgage on her home was repaid after 10 weeks, in November 2000, and that she knew nothing until August 2004 of the sum used to pay it off.
This would mean that she remained unaware of the repayment at the point, 18 months later, when she and her husband applied for another loan, worth £250,000, from Mortgage Express.
http://politics.guardian.co.uk/labour/story/0,,1722511,00.htmlShades of Peter Mandelson here - except that rather than not disclosing an existing loan, it's that she seemed to be happy to take out another. Presumably their Mortgage Express application didn't mention the £350,000 mortgage (because it really had been paid off by that point), but Tessa (great name for this - see below) claims to not have known about the money that was used to pay it off. Is she really that cavalier with the mortgage on her house?
Meanwhile, from Private Eye:
Introducing the new
TESSA ACCOUNT
An incredible opportunity for investors. All you have to do is sign up for a TESSA and you get £350,000 paid directly via a series of offshore accounts into your bank - and you get your mortgage paid off! And it's all tax-free! Your TESSA account is guaranteed to give you a huge return of up to £350,000 overnight and you don't have to say or do anything!
Just keep your mouth shout and watch your money grow, grow, grow!!
Apply now to Il Banco di Berlusconi, Piazza di Silenzi, Milan for the investment opportunity of a lifetime sentence
WARNING: With a Tessa you can go down as well as up