Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks Bull Market Smoking Gun - 25th May 24
Congress Moves against Totalitarian Central Bank Digital Currency Schemes - 25th May 24
Government Tinkering With Prices Is Like Hiding All of the Street Signs - 25th May 24
Gold Mid Tier Mining Stocks Fundamentals - 25th May 24
Why US Interest Rates are a Nothing Burger - 24th May 24
Big Banks Are Pressuring The Fed To Losen Protection For Depositors - 24th May 24
Another Bank Failure: How to Tell if Your Bank is At Risk - 24th May 24
AI Stocks Portfolio and Tesla - 23rd May 24
All That Glitters Isn't Gold: Silver Has Outperformed Gold During This Gold Bull Run - 23rd May 24
Gold and Silver Expose Stock Market’s Phony Gains - 23rd May 24
S&P 500 Cyclical Relative Performance: Stocks Nearing Fully Valued - 23rd May 24
Nvidia NVDA Stock Earnings Rumble After Hours - 22nd May 24
Stock Market Trend Forecasts for 2024 and 2025 - 21st May 24
Silver Price Forecast: Trumpeting the Jubilee | Sovereign Debt Defaults - 21st May 24
Bitcoin Bull Market Bubble MANIA Rug Pulls 2024! - 19th May 24
Important Economic And Geopolitical Questions And Their Answers! - 19th May 24
Pakistan UN Ambassador Grows Some Balls Accuses Israel of Being Like Nazi Germany - 19th May 24
Could We See $27,000 Gold? - 19th May 24
Gold Mining Stocks Fundamentals - 19th May 24
The Gold and Silver Ship Will Set Sail! - 19th May 24
Micro Strategy Bubble Mania - 10th May 24
Biden's Bureau of Labor Statistics is Cooking Jobs Reports - 10th May 24
Bitcoin Price Swings Analysis - 9th May 24
Could Chinese Gold Be the Straw That Breaks the Dollar's Back? - 9th May 24
The Federal Reserve Is Broke! - 9th May 24
The Elliott Wave Crash Course - 9th May 24
Psychologically Prepared for Bitcoin Bull Market Bubble MANIA Rug Pull Corrections 2024 - 8th May 24
Why You Should Pay Attention to This Time-Tested Stock Market Indicator Now - 8th May 24
Copper: The India Factor - 8th May 24
Gold 2008 and 2022 All Over Again? Stocks, USDX - 8th May 24
Holocaust Survivor States Israel is Like Nazi Germany, The Fourth Reich - 8th May 24
Fourth Reich Invades Rafah Concentration Camp To Kill Palestinian Children - 8th May 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

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

© 2005-2022 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