Peters is a human snake, capable of wriggling out of anything, but it is likely the perception of sleaze and dihonesty will finish whatever slim hopes he had of regaining Tauranga.
Of course, it would be nice if he had been rejected because people saw through his filthy charade and tub-thumping, and shunned him as the disingennuous, manipulative, mealy-mouthed, bauble craving sham-monger he is. But I won't weep too many tears if he's bounced out of parliament for the appearing to accept money and then lie about about, whatever the truth of the matter or whatever technicality or semantic justification he attempts.
1 - "Peters: 'I just found out Owen Glenn gave me 100k'," unattributed NZPA article, 18th of July, 2008. Published in the New Zealand Herald. (http://www.nzherald.co.nz/section/1/story.cfm?c_id=1&objectid=10522347)