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Banksy costs Labour £75,000

Artist Banksy's famous determination to protect his anonymity cost the Labour Party £75,000 in a "lost" donation.

Banksy donated an artwork to an auction at London's Aquarium Gallery last March for Ken Livingstone's unsuccessful re-election campaign, raising £195,000.

The Electoral Commission agreed Labour could write off its £75,000 market value and accept the difference as a donation from the gallery's owner.

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