The Vela family, prominent in the racing industry, had donated $150,000 to Peters over a four-year period. The payments were made in sums of $10,000 to remain within rules governing political party funding. "The Dominion Post" published details from New Zealand First sources that before the 2005 election $25,000 had been donated to the party from Sir Bob Jones via the Spencer Trust. The Trust is administered by Wayne Peters, a brother of Winston Peters. Jones confirmed that he had paid the money to the Spencer Trust and was asked by Winston Peters to make the donation. Peters denies that he had asked Jones for a donation to the party. The donation was not declared to the Electoral Commission as required by law.