Cash for Peerages investigation "significant" material

Scotland Yard's Assistant Commissioner John Yates has said in a letter to the Public Administration Select Committee the investigation had gained "significant and valuable material" after interviewing 90 people.

Guido has the letter on his blog.

Of course the big question is, what is meant by “significant and valuable material?”

Although it is clear from Yates’ letter that he is making progress and hasn’t experienced lots of dead end leads. So prosecutions could well be in the pipeline. Provided the CPS holds its nerve.

On another note, in the letter Yates says “I am confident security remains very tight” and that “the major developments are not in the public domain.” A nice dig at Labour and the defence it appears to be adopting.