Best of the Week
Most Popular
1. Dollargeddon - Gold Price to Soar Above $6,000 - P_Radomski_CFA
2.Is Gold Price On Verge Of A Bottom, See For Yourself - Chris_Vermeulen
3.Dow Stock Market Trend Forecast 2018 - Nadeem_Walayat
4.Gold Price to Plunge Below $1000 - Key Factors for Gold & Silver Investors - P_Radomski_CFA
5.Why The Uranium Price Must Go Up - Richard_Mills
6.Dow Stock Market Trend Forecast 2018 - Video - Nadeem_Walayat
7.Jim Rogers on Gold, Silver, Bitcoin and Blockchain’s “Spectacular Future” - GoldCore
8.More Signs That the Stock Market Will Rally Until 2019 - Troy_Bombardia
9.It's Time for A New Economic Strategy in Turkey - Steve_H_Hanke
10.Fiat Currency Inflation, And Collapse Insurance - Raymond_Matison
Last 7 days
Gold Exodus to Reverse - 22nd Sep 18
Bitcoin Trader SCAM WARNING - Peter Jones, Dragons Den Fake Facebook Ads - 22nd Sep 18
China Is Building the World’s Largest Innovation Economy - 21st Sep 18
How Can New Companies Succeed in the Overcrowded Online Gambling Market? - 21st Sep 18
Golden Sunsets in the Land of U.S. Dollar Hegemony - 20th Sep 18
5 Things to Keep in Mind When Buying a Luxury Car in Dubai - 20th Sep 18
Gold Price Seasonal Trend Analysis - Video - 20th Sep 18
The Stealth Reason Why the Stock Market Keeps On Rising - 20th Sep 18
Sheffield School Applications Crisis Eased by New Secondary Schools Places - 20th Sep 18
Precious Metals Sector: It’s 2013 All Over Again - 19th Sep 18
US Dollar Head & Shoulders Triggered. What's Next? - 19th Sep 18
Prepare for the Stock Market’s Volatility to Increase - 19th Sep 18
The Beginning of the End of the Dollar - 19th Sep 18
Land Rover Discovery Sport 'Approved Used' Bad Paint Job - Inchcape Chester - 19th Sep 18
Are Technology and FANG Stocks Bottoming? - 18th Sep 18
Predictive Trading Model Suggests Falling Stock Prices During US Elections - 18th Sep 18
Lehman Brothers Financial Collapse - Ten Years Later - 18th Sep 18
Financial Crisis Markets Reality Check Now in Progress - 18th Sep 18
Gold’s Ultimate Confirmation - 18th Sep 18
Omanization: a 20-year Process to Fight Volatile Oil Prices  - 18th Sep 18
Sheffield Best Secondary Schools Rankings and Trend Trajectory for Applications 2018 - 18th Sep 18
Gold / US Dollar Inverse Correlation - 17th Sep 18
The Apple Story - Trump Tariffs Penalize US Multinationals - 17th Sep 18
Wall Street Created Financial Crash Catastrophe Ten Years Later - 17th Sep 18
Trade Wars Are Going To Crash This Stock Market - 17th Sep 18
Why Is Apple Giving This Tiny Stock A $900 Million Opportunity? - 17th Sep 18
Financial Markets Macro/Micro View: Waves and Cycles - 17th Sep 18
Stock Market Bulls Prevail – for Now! - 17th Sep 18
GBPUSD Set to Explode Higher - 17th Sep 18
The China Threat - Global Crisis Hot Spots & Pressure Points - 17th Sep 18 - Jim_Willie_CB
Silver's Relationship with Gold Reaching Historical Extremes - 16th Sep 18
Emerging Markets to Follow and Those to Avoid - 16th Sep 18
Investing - Look at the Facts to Find the Truth - 16th Sep 18
Gold Stocks Forced Capitulation - 15th Sep 18
Hindenburg Omen & Consumer Confidence: More Signs of Stock Market Trouble in 2019 - 15th Sep 18
Trading The Global Future - Bad Consequences - 15th Sep 18
Central Banks Have Gone Rogue, Putting Us All at Risk - 15th Sep 18
Gold Price Seasonal Trend Analysis - 14th Sep 18
Growing Number of Small Businesses Opening – and Closing – In the UK - 14th Sep 18
Gold Price Trend Analysis - Video - 14th Sep 18
Esports Is Exploding—Here’s 3 Best Stocks to Profit From - 13th Sep 18
The Four Steel Men Behind Trump’s Trade War - 13th Sep 18
How Trump Tariffs Could Double America’s Trade Losses - 13th Sep 18
Next Financial Crisis Is Already Here! John Lewis 99% Profits CRASH - Retail Sector Collapse - 13th Sep 18
Trading Cryptocurrencies: To Win, You Must Know Where You're Wrong - 13th Sep 18
Gold, Silver, and USD Index - Three Important “Nothings” - 13th Sep 18
Precious Metals Sector On a Long-term SELL Signal - 13th Sep 18
Does Gambling Regulation Work - A Case Study - 13th Sep 18
The Ritual Burial of the US Constitution - 12th Sep 18
Stock Market Final Probe Higher ... Then the PANIC! - 12th Sep 18
Gold Nuggets And Silver Bullets - 12th Sep 18
Bitcoin Trading - SEC Strikes Again - 12th Sep 18

Market Oracle FREE Newsletter

Trading Any Market

Dewsbury MP Shahid Malik Sets Expenses Scandal Claim Record

Politics / UK Politics May 15, 2009 - 12:28 AM GMT

By: Nadeem_Walayat

Politics

The Justice Minister, Shahid Malik, became the latest MP to be named in the ever expanding expenses scandal in the Daily Telegraph which states that Mr Malik claimed the maximum allowed for the second homes allowance amounting to £66, 827 over 3 years for his London home with an original purchase price of £85,000 (2001), whilst at the same time nominating a rental property as his main residence in his Dewsbury constituency for less than £100 per week.


According to the Daily Telegraph, Shahid Malik's claims also include a £730 massage chair, £2,600 for a home cinema and £65 for a court summons for not paying council tax, the list carries on with various furnishings including fitted wardrobes, leather sofa, fireplace i.e. the sort of items that ordinary tax payers have to pay for out of their salaries rather than have treated as 'expenses'. As well as the maximum of £400 per month for food, which is about the amount an average family of four would spend on groceries per month.

What appears across the board abuse of power by MP's that have deliberately set up an expenses system that allows them to legally get away with outrageous expense claims that in any other organisation would have resulted in immediate dismissal if not criminal prosecution is because the majority of MP's see themselves as unaccountable above the law entities and still are not able to grasp the magnitude of their crimes against the electorate that had placed their trust in them, maybe last nights BBC Question Time will bring home the seriousness of the situation which threatens voters in disgust running to the likes of the BNP.

BBC Question Time audience exchanges with Margaret Becket after the MP attempted to justify the £72,000 that she claimed in expenses, an audience member responded with -

" I am just very Angry Mr Dimbleby,"

"Mrs Becket are you going to pay back the £72,000 that you have taken after your mealy-mouthed answer trying to explain yourself, and Mr Campbell how the hell do you get through £800 a month on food?"

 

"No I'm Not, because as I pointed out a moment ago...."

The audience boo's, jeers and heckles Margaret Becket's mealy-mouthed excuses.

The full programme is available now to watch on BBC Iplayer.

The electorate will get the chance to deliver their opinion at the next general election which is due within 12 months.

By Nadeem Walayat
http://www.marketoracle.co.uk

Copyright © 2005-09 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 20 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis specialises on the housing market and interest rates. Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication. We present in-depth analysis from over 250 experienced analysts on a range of views of the probable direction of the financial markets. Thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Norm
17 May 09, 10:39
Malik

He, Mr Malik, should be prosecuted if found guilty of fraud. The same should go for the rest of the bunch.


Pauline
17 May 09, 11:19
Mailk

All these MPs think the general public are a set of idiots with thier lame excuses. I for one will not be voting so i can help make the rich richer and the poor poorer. And Malik, try living like the rest of us now... we cant claim for anything to help us live a life of luxury.. Welcome to our world.


Nadeem_Walayat
17 May 09, 13:52
Shahid Malik's resignation statement in full

THIS is the full statement issued by MP Shahid Malik in light of his decision to step down as Justice Minister:

"I spoke with the Prime Minister this morning and we agreed that the best way forward in the face of this specific allegation was for me to step to one side as an interim measure and allow Sir Philip Mawer to look into the matter. I'm pleased to have this opportunity to clear my name.

"I would like to make it clear that this inquiry has nothing whatsoever to do with my expense claims but relates to an allegation regarding my rent which, if true, would breach the ministerial code.

"I am confident that there has been no such breach and look forward to the findings of the inquiry so that I can continue to serve my constituents as their MP and the country as a minister with my head held high.

"The media will be well aware that I'm only too happy to engage, as indeed I have yesterday and today. They will also appreciate that, given that an inquiry is now under way, it would be inappropriate to comment further and I thank them for their co-operation."


Brian
17 May 09, 13:53
Malik Resignation

Clearly Shahid has learned that useful phrase:

When in a hole stop digging


Gulfraz K
17 May 09, 17:48
BNP Wins

Shahid Maliks is a forking idiot.

The greedy theiving bastard deserves to be kicked out, clearly the racist BNP dogs are going to benefit because of Maliks greedy actions.


James
17 May 09, 18:18
Vote BNP

I have never voted bnp before, but this time I really feel like voting for them, to stick the fuckin boot into the 3 mainstream parties. Even left-wing politician Clare Short has been claiming for the FULL COST of her mortgage for TWO AND A HALF YEARS, when the rules clearly state she can only claim for the INTEREST. What the fuck are they playing at, when many ppl in Britain are struggling to hold their jobs down and earning the minimum rate of pay??

SCUM, the lot of em!


Ribena
17 May 09, 18:29
Mallik

he gets £96k a year!!! yet he thinks okay to charge me for £1500 pound lcd tv BUY IT YOURSELF OFF YOUR MASSIVE SALARY thats just one item.

how can the stand there and try to justfy what they have done as not stealing from me idiot


Lamdser
17 May 09, 18:50
Thieves

Thieves, common thieves, and they need to be taught somehow that they are worthless little nothings.

No vote from me... for any of them, ever ever again.

They lie, they cheat .....and then some.

Cut the numbers in half, and send them to a call centre in Asia, with Asian wages!


teatr
17 May 09, 18:56
Justrice minister?

Fxxx off, Malik, you thieving little cxxx.

JUSTICE Minister?? What a fxxxing irony THAT was!!

These are the SCUM behind New Labour!!


Erisian
17 May 09, 18:59
Home Cinema

Perhaps they should get themselves a better job then. You become an MP because you're driven by a moral duty not because it's a good way to make a living. A cinema in his house? Bullshit.


bayh
18 May 09, 18:13
Justice minister

So this is the "JUSTICE MINISTER". Lets hope justice is served on this common thief by the police as soon as possible. May god help this once fine country. To think we have to put up with low life creatures like this beggars belief. The expenses system was based on trust and deemed to be fair. But our MPs have shown themselves totally unfit for public office by milking the sytem . Our wonderful Queen should as Head of State dissolve parliament to rescue us from this awful catastrophe.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules