Peter Mandelson did not want, he wrote disdainfully to the convicted sex offender Jeffrey Epstein, to “live by salary alone”. Not for him the life of the little guy, slave to a mere six-figure salary: he had always aspired to something grander, a lifestyle well beyond his means, to which rich men such as Epstein were so often his passport.
First it was his millionaire colleague, Geoffrey Robinson, from whom Mandelson secretly borrowed money to buy a house he couldn’t afford. In 2003 and 2004 it was Epstein, at least according to files released in the US this week, suggesting the financier paid £55,000 into Mandelson’s bank account, though he now says he can’t find records of it. Five years later, in 2010, the files record Mandelson confiding in Epstein of his hopes for a gig with merchant bankers JP Morgan, where he could leverage his “networks” to make the really big deals.
