Tony Blair’s company stands to earn £27million for advising the oil-rich Kuwaiti government, it was claimed last night.
The former prime minister’s consultancy firm has been advising the Gulf monarchy how to govern itself.
Such a payout would indicate that estimates of Mr Blair’s earnings since he left Downing Street – usually put in the £20million to £40million range – could be well below the mark.
Kuwait was the first client of Tony Blair Associates, the London-based firm set up by Mr Blair in 2009 to recommend ‘political and economic trends and governmental reform’.
The firm was contracted to produce ‘Kuwait Vision 2035’, a report into the kingdom’s political and economic future which was delivered earlier this year.
But since then Mr Blair and his consultants have been helping to implement the report’s findings, while training a team of ‘super mandarin, British-style’ civil servants to run the country.
A government source in Kuwait said ‘at the moment they have gone over the 12million dinar mark’ for ‘on-going consultancy work related to the report’.
‘Mr Blair got the work because of his high international profile and vast experience of government,’ the source said. ‘The fact that he helped defeat Saddam Hussein’s Iraq didn’t harm his bid either.’