""John Yates, deputy assistant commissioner at Scotland Yard, is meeting the Commons public administration committee in private.

Lord Levy, one of Tony Blair's closest allies, was released on bail on Tuesday night after being questioned by police.

He denies wrongdoing and says arresting him was unnecessary.

Bad news for Blair

Newspaper reports that the police could question Mr Blair himself next have been rubbished by sources in Downing Street.

But BBC political editor Nick Robinson says the fate of Lord Levy and Mr Blair is "intertwined" and that the situation could not be more serious for the prime minister.

Scottish National Party leader Alex Salmond claimed the water was now "lapping around the prime minister's feet".......""

BBC http://news.bbc.co.uk/1/hi/uk_politics/5174938.stm

...MOOOLTO IMPORTANTE..NOWADAYS..