Could Mandy end up being the biggest loser?
Why has he written to the Times today? One of the problems with having a “back story” like Peter Mandelson, fairly or unfairly, is that the default assumption is that you are up to no good. So what are we to make of the latest developments in “Yachtgate” where Mandy has written to the Times today to “explain” that his contacts with the Russian billionaire, Oleg Deripaska, went back two years further than previously publicly stated. So his first account…