JRM Is to be investigated by Parliaments Watchdog . After he failed to declare a £6 million loan from a
Cayman Islands linked Co he needed the money he said for his house refurb and temporary cash flow.
.....thats some sort of refurb ..and a hell of a cash flow problem. Will this Tory Sleaze ever go away for poor Boris, he get's the blame for everything .....That goes wrong.,, is that because he ain't got anything right yet.
Its his own Company and he can take a Directors loan quite legally. there is no sleaze involved -it's not like he's taken a loan from a Company for future favours.
sunny-dave He's done nothing illegal, directors take loans all the time, that probably why he didn't declare it. He is neither arrogant, stuck up nor a throwback. He is intelligent, can hold a debate and has made a lot of money through his business acumen. Also he's not 'fiddling any Tax -prove it!
APG, they may all do it; the question is just whether he should declare it. There does seem to be a long-term trend, way before the expenses scandal, of MPs thinking they'll decide what rules to obey, even their own.
18.28 Apg, JRM Is another of those Tories who just like Johnson thinks rules do not apply to him ...... He did not record this Gigantic loan in the ,
Register of outside interests......That is why he is being investigated.....
.. if it was all legal why didn't he..... What is he hiding ?.
Isnt it best to wait until the watchdog has done the investigation. If it finds him guityl come back and we'll agree you were right. If he's found to have acted proper you'll get reminded of this thread.
because it is a matter within his own family corporate structure.
The only way that they're going to get a handle on this is cut the size of the house by at least two (we have more MPs than Congress in the States), pay double or treble, define what jobs they can do outside the House for remuneration (and really limit them))- journalism perhaps, professional practice like a GP, etc - and, as in the States, assets go into a trust whilst in office and must be managed by trustees.
//The only way that they're going to get a handle on this is cut the size of the house by at least two??
DTC did you mean two thirds or maybe half it??