SNP Fund: £660,000 Spent on Party Objectives, Claims Swinney

2026-06-03
SNP Fund: £660,000 Spent on Party Objectives, Claims Swinney

Edinburgh – Former Scottish Deputy First Minister John Swinney has stated that a £660,000 independence fund was utilized to pursue objectives aligned with the Scottish National Party (SNP). This disclosure comes amidst ongoing scrutiny of the party's finances, triggered by questions surrounding the fund's usage.

Swinney’s comments, made publicly, shed light on the allocation of resources designated for independence efforts. The details of these “objectives” remain unspecified, but the statement confirms the fund was not solely dedicated to activities directly related to a referendum campaign.

The investigation into the fund’s management directly led to the police investigation that recently uncovered evidence of £400,000 of irregularities involving former SNP Chief Executive Peter Murrell. Murrell, who is married to current First Minister Nicola Sturgeon, has been questioned in connection with the matter, and his home and the SNP headquarters were subject to searches by law enforcement.

The police investigation, initiated following concerns raised about the fund, has significantly impacted the SNP, a dominant force in Scottish politics for decades. The ongoing inquiries are expected to further examine the financial practices of the party and the roles of key individuals involved in managing the independence fund and related accounts. The full extent of the financial irregularities and their implications for the SNP leadership are still being investigated.

The revelations concerning the independence fund and Peter Murrell’s actions represent a significant crisis for the SNP, potentially impacting its standing and future electoral prospects. The police investigation is ongoing, and further details are expected to emerge as authorities continue their inquiries into the party’s finances.

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