KEY POINTS:
Only Winston Peters knows why he decided to deny receiving a donation from the hapless (and utterly respectable) expatriate benefactor Owen Glenn. As Mr Peters' admission now reveals, he was in no position to deny it. He may not have been aware of the identity of donors to his legal aid but he was aware that his lawyer has been fundraising for this purpose for many years. That fact alone should have made him more circumspect when asked whether he had received any money from Mr Glenn.
Now he looks very foolish - and worse, in the eyes of many. It was one thing to make a denial without checking all possible sources of his financial support, and flourish a silly sign to news cameras, but Mr Peters did not hear alarm bells even when the Herald discovered an email in which Mr Glenn asked a public relations adviser, "You are saying I should deny giving a donation to NZ First? When I did?"
A wiser man would have run a quick check on all sources of funds related to his personal political activities and his party. Instead our Foreign Minister descended to baseless and disgraceful allegations of his own - against the integrity of this newspaper, its editor, and our fair-minded political editor, Audrey Young.
We were not particularly surprised by that response. Mr Peters has made a career of bluff and bluster and convincing enough poor voters that the media is the enemy. But we have been surprised at his behaviour since he was forced on Friday to concede Audrey Young's disclosures are true.
At least, that is what he should have conceded. An honourable and decent public figure would acknowledged his error and apologised to her in the course of explaining himself. Mr Peters did neither. After his lawyer, Brian Henry, told him Mr Glenn had in fact contributed $100,000 to his legal costs in 2006, Mr Peters put out a statement that was not only devoid of apology or regret but attempted to give himself some wriggle room in semantics.
"He did not make a donation to the NZ First Party," he said of Mr Glenn, "he made a donation to a legal action he thought justified". Later, at his party's 15th anniversary conference, Mr Peters maintained this desperate distinction. "Not one cent went to NZ First and not one cent went to me," he insisted. "A donation was made to a legal case which is a massive difference ... "
No, it is not. He brought a case against the election spending of the MP who captured his Tauranga seat. The law hears those actions in the name of individuals, not parties. Had the petition succeeded, the beneficiaries would have been Mr Peters, if the seat had been restored to him, and his party, since an electorate gives a party more secure representation in Parliament. Mr Glenn obviously believed he was contributing to NZ First and to all intents and purposes, he was.
Indeed, it might disturb Mr Glenn to hear that the donation was technically not for a party's legal action but for an individual MP's, because that MP is the country's Foreign Minister and the Monaco-based billionaire would like to be appointed our honorary consul there. It is a humble enough request from an expatriate who leads a multi-national logistics enterprise and has given millions to his country of birth, most recently to endow the new Auckland University business school that carries his name.
He was also the Labour Party's largest donor at the last election, a connection noted when he was named in the New Year Honours. Labour weathered that news easily enough and NZ First could have done likewise, had Mr Peters not foolishly denied it. He has put himself in this hole and he would be smarter to stop digging.