The reports claim that during the federal elections Liberal Party received $1 million donations from Malcolm Turnbull’s pocket.
According to unnamed sources the prime minister kept in secret about his donation in the second half of the campaign which lasted eight weeks. The reports say that these donations are likely are not tax-deductible.
As Labor’s campaign sought in counter and alleged privatization of Medicare.
It became known that Liberal Party appealed to some powerful benefactors as well as billionaire James Packer. So in the middle of campaign the Liberal Party was very desperate for donations.
There is no definite information if Mr Packer agreed to give money to the party.
According to the reports the liberal party had some debts and it needed new donations during the final week of the campaign.
The former treasurer of the Party Michael Yabsley that there were some financial problems for 2 decades of the party.
The strong prove for such financial problems is the fact that the Prime Minister had to give money according to Michael Yabsley.
The claim of the reporters was not denied by Mr Turnbull while the Liberal Party affirmed this fact.
In 2002 the treasurer of the Liberal Party, Malcolm Turnbull has donated to the campaign $150,000.
The NSW Liberal Party received almost $140,000 of donation in 2004-2005.
The total amount of Mr Turnbull’s is about $186 million.