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Geoffrey Robinson

The Paymaster


Robinson was one of the millionaire paymasters of the New Labour Soap Opera.

He inherited a fortune from an exotic Belgium lady and kept it in an offshore trust. He also built up his own engineering business and did business with 'pension robber' Robert Maxwell, (a former Labour party parliamentary candidate).  Robinson's company collapsed a few years ago.

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Robinson was never stingy with his money.  He leant his Tuscan Villa to the Blairs, he provided a private office in a luxury hotel for Gordon Brown, and he gave an undeclared interest-free loan to 'The Prince of Darkness', Peter Mandelson, so that he could fulfil his New Labour property aspirations with a house in trendy Notting Hill.

He resigned from his treasury post of  'Paymaster General' over the Mandelson loan and was suspended from parliament over an undeclared receipt from a Maxwell Company (he denies he received the money).

The son of a furniture-maker, Robinson began his career with the nationalized car maker British Leyland, a symbol of Old Labour in the 1970s, when the workers spent more time on strike than making cars.

He moved to Milan to run Leyland Italy and there met his wife, a Maltese-born opera singer, Marie Elena.

In 1973 he became the managing director of Leyland’s one and only glamorous division, Jaguar. His industrial relations strategy included lending Jaguar cars to shop stewards.

While at Jaguar, he became friends with Joska Bourgeois an exotic Belgian lady with a long and colourful past, who held the Jaguar sales franchise in her country.

Bourgeois was regarded at Leyland as ‘a living legend steeped in adventure, mystery and sensuality.’ She was rumored to have flown across the Channel after the war by promising to sleep with a Canadian pilot, ‘but only in England’ (Tom Bower in his book,- "The Paymaster").

New Labour, Off-shore

Bourgeois lent him £5,000 to start a small company called Transfer Technology, later renamed Transtec. When Bourgeois died in 1994, she left him pounds £9m and had already set up an offshore trust fund for his family in Guernsey called Orion.

The Orion trust later caused Robinson political embarrassment when he was working at the treasury for Gordon Brown – Brown had been crusading against rich people keeping their millions in offshore trusts.

Enter Maxwell

Another exotic figure in The Paymaster’s life was the late Robert Maxwell -now infamous for robbing the Mirror newspaper's pension fund.

In 1991 Transtec was still privately owned by Robinson. Its flotation came via a 'reverse takeover' by a listed Maxwell engineering company, Central & Sheerwood, which bought Transtec, and then changed its name to Transtec. Robinson was appointed chairman.

Transtec collapsed at the end of 1999. Trade Secretary Stephen Byers appointed independent inspectors to investigate the Transtec collapse after it admitted concealing from shareholders an £11m claim for payment by the Ford Motor Company.

The DTI enquiry found that Robinson could not have known about the non-disclosure as he had stepped down as chairman of Transtec before becoming a minister in 1997.

In August 2003 he was banned from driving after failing a breathalyser test.

West Midlands Police confirmed that no action was being taken against Robinson in relation to the discovery of a class A drug in a police van at the time of his arrest.

Suspended from Parliament

Geoffrey Robinson, had been forced to resign from his ministerial post of 'Paymaster General' after the First Mandelson Scandal.

In October 2001 he was suspended for three weeks from Parliament after the Standards and Privileges committee found that he had given ‘inadvertently incomplete answers’ over an undeclared receipt from a company controlled by Robert Maxwell.

When questioned by the Standards and Privileges Committee, Mr Robinson denied being paid for his brief tenure as non-executive chairman of Hollis, a Maxwell firm.

The author Tom Bower uncovered a receipt which apparently showed Robinson had been paid £200,000 by Hollis in December 1990.

Robinson still denies that he received the payment, which he says was made to his company, Transtec.

 

 

 

 

 

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