Are the Tories about to ditch racy tycoon?

No MATTER how empty their coffers, Tory treasurers are unlikely to seek any cash from property tycoon Christopher Moran after the revelation that an apartment block he owns is rife with prostitution.

Moran’s Chelsea Cloisters has been called ‘ten floors of whores’.

oleaginous Moran has donated £300,000 to the Tories, but what is less well known is his directorship of the Conservative Party-owned company, C&UCo Properties.

Set up in 1946, it manages the party’s property assets. other directors include Lord Fink, the former Tory Treasurer, billionaire broker Michael Spencer, who has been described as the richest selfmade person in the City, and Tory Party chairman, Brandon Lewis.

Many of the Chelsea Cloisters prostitutes operated from flats rented from Moran’s company Realreed, although neither he nor the management knew anything about the activities taking place.

Moran — who lives in a 30-room townhouse in Cheyne Walk which was the Thames- side home of Henry VIII’s Chancellor Thomas More — has been censured several times by the Stock Exchange for controversial share purchases, and is the first person to be barred for life by the insurance market Lloyd’s of London.

Will he keep his C&UCo role? ‘He’s become such an embarrassment,’ whispers my Tory mole, saying the final straw may be his front-row presence at the DUP’s Belfast conference, where leader Arlene Foster shredded Mrs May’s Brexit deal.