Best of the Week
Most Popular
1. Ray Dalio: This Debt Cycle Will End Soon - John_Mauldin
2.Stock Market Dow Plunge Following Fake US - China Trade War Truce - Nadeem_Walayat
3.UK House Prices 2019 No Deal BrExit 30% Crash Warning! - Nadeem_Walayat
4.What the Oil Short-sellers and OPEC Don’t Know about Peak Shale - Andrew_Butter
5.Stock Market Crashed While the Yield Curve Inverted - Troy_Bombardia
6.More Late-cycle Signs for the Stock Market and What’s Next - Troy_Bombardia
7.US Economy Will Deteriorate Over Next Half Year. What this Means for Stocks - Troy_Bombardia
8.TICK TOCK, Counting Down to the Next Recession - James_Quinn
9.How Theresa May Put Britain on the Path Towards BrExit Civil War - Nadeem_Walayat
10.This Is the End of Trump’s Economic Sugar High - Patrick_Watson
Last 7 days
Bitcoin Price Wavers - 15th Jan 19
History Shows That “Disruptor Stocks” Will Make You the Most Money in a Bear Market - 15th Jan 19
What Will the Stock Market Do Around Earnings Season - 15th Jan 19
2018-2019 Pop Goes The Debt Bubble - 15th Jan 19
Are Global Stock Markets About To Rally 10 Percent? - 15th Jan 19
Here's something to make you money in 2019 - 15th Jan 19
Theresa May to Lose by Over 200 Votes as Remain MP's Plot Subverting Brexit - 15th Jan 19
Europe is Burning - 14th Jan 19
S&P 500 Bounces Off 2,600, Downward Reversal? - 14th Jan 19
Gold A Rally or a Bull Market? - 14th Jan 19
Gold Stocks, Dollar and Oil Cycle Moves to Profit from in 2019 - 14th Jan 19
How To Profit From The Death Of Las Vegas - 14th Jan 19
Real Reason for Land Rover Crisis is Poor Quality of Build - 14th Jan 19
Stock Market Looking Toppy! - 13th Jan 19
Liquidity, Money Supply, and Insolvency - 13th Jan 19
Top Ten Trends Lead to Gold Price - 13th Jan 19
Silver: A Long Term Perspective - 13th Jan 19
Trump's Impeachment? Watch the Stock Market - 12th Jan 19
Big Silver Move Foreshadowed as Industrial Panic Looms - 12th Jan 19
Gold GDXJ Upside Bests GDX - 12th Jan 19
Devastating Investment Losses Are Coming: What Is Your Advisor Doing About It? - 12th Jan 19
Things to do Before Choosing the Right Credit Card - 12th Jan 19
Japanese Yen Outlook In 2019 - 11th Jan 19
Yield curve suggests that US Recession is near: Trading Setups - 11th Jan 19
How Unrealistic Return Assumptions Are Ruining Your Stocks Portfolio - 10th Jan 19
What’s Next for the US Dollar, Gold, Stocks & Bonds? - 10th Jan 19
America's New Africa Strategy - 10th Jan 19
Gold Mine Production by Country - 10th Jan 19
Gold, Stocks and the Flattening Yield Curve - 10th Jan 19
Silver Price Trend Forecast Target for 2019 - 10th Jan 19
Silver Price Trend Forecast 2019 - 9th Jan 19
Did Strong December Payrolls Push Gold Prices Up? - 8th Jan 19
How to Spot A Tradable Stock Market Top? - 8th Jan 19
Why 90% of Traders Lose - 8th Jan 19
Breadth is Very Strong While Stocks are Surging. What’s Next for Stocks - 8th Jan 19
Half of Investment-Grade Bonds Are Just One Step from Junk Status - 7th Jan 19
Stocks Rallied Again, Still Just an Upward Correction? - 7th Jan 19
Gold Golden Long-Term Opportunity - 7th Jan 19

Market Oracle FREE Newsletter

Bitcoin Analysis and Trend Forecast 2019

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