Probe launched into Lord Ashcroft's donations...

Tomorrow's Sunday Mirror has news of an official investigation into how the biggest donor to Cameron's Tories bankrolls the Conservatives from the foreign tax haven of Belize.

If his donations are found to be unlawful, Cameron's Conservatives could be ordered to pay back almost £5 million which Ashcroft targets on key marginal seats at the next General Election.

UPDATE: The Sunday Times also has more on the story.

It seems the Electoral Commission began its investigation some months ago, after the Sunday Times revealed that £4.79m had been transferred via a chain of companies from Belize, the Central American tax haven, to Bearwood Corporate Services (BCS), a British company said to be controlled by Ashcroft.

Of course, it might all be very innocent and above board...