Tory donors 'who pay £3 million get seats in the Lords': Investigation reveals that wealthy backers are 'guaranteed' a peerage if they take on party treasurer role and shell out - as insiders claim 'law of omerta' keeps practice 'concealed in plain sight' | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

Tory donors 'who pay £3 million get seats in the Lords': Investigation reveals that wealthy backers are 'guaranteed' a peerage if they take on party treasurer role and shell out - as insiders claim 'law of omerta' keeps practice 'concealed in plain sight'

The Conservative Party has been accused of guaranteeing peerages to a group of multi-millionaires who have donated more than £3 million to the party.

Wealthy backers who take on the temporary role of party treasurer appear to be offered a seat in the House of Lords once they have donated the set figure.

All 16 of the Conservatives' main treasurers, excluding the most recent, were offered a seat in the Lords in the past two decades including Peter Cruddas, Lord Spencer, Lord Fraser, Lord Lupton and Lord Farmer.

According to the investigation by The Sunday Times and Open Democracy, six former Tory ministers felt uneasy about the practice, some calling it a 'scandal'.

One ex-party chairman said: 'The truth is the entire political establishment knows this happens and they do nothing about it...The most telling line is once you pay your £3 million, you get your peerage.'

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