Here We Yeo Again

Tim Yeo is Chairman of Univent plc, on the board of Eurotunnel and the non-executive chairman of both Eco City Vehicles plc and AFC Energy plc. In his spare time he is an MP.

Yeo came to Guido’s attention back in Feburary when the Parliamentary Room Bookings records were released showing how green-fingered Tim had opened up the parliamentary estate to prospective investors in green technology firms. You may remember what happened when he was confronted about his mixing of politics and business live on Newsnight:

MPs are electing the Chairman of Select Committees for the first time. These vital scrutineers must hold ministers to account. Guess who is front-runner to take Energy and Climate Change? Step forward Tim Yeo.

Yeo’s dealings with AFC Energy are particularly interesting. As Guido reported before;

At the time AFC Energy plc were raising £2 million from  environmental investors, and for each of the following five months AFC Energy paid Tim Yeo £3,750 a month (up to a total of £18,750) until in December when they succeeded in raising the £2m they were seeking from environmental investors in a share placing.  Tim also got a bonus when the shares were placed with investors of 150,000 shares for his work.  All in all he made a total of some £80,000 out of the AFC deal from July when he hosted the Environmental Investment Network event until December when they sold the shares to investors.

MPs look set to elect a man completely tied up with an industry that he would be responsible for the checks and balances on. He would need cross party support to get the job. Perhaps members might like to take another look at their favoured candidate.



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

William Hague on Tony Blair…

“To the political law that you can’t fool all of the people all of the time he added Blair’s law – that you can make a very serious attempt at it.”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

POLL SUGGESTS REFERENDUM RE-WORDING HELPS EU-LEAVERS POLL SUGGESTS REFERENDUM RE-WORDING HELPS EU-LEAVERS
BURNHAM WEAPONISES REFUGEE CRISIS BURNHAM WEAPONISES REFUGEE CRISIS
TAIWANESE VIEW ON LABOUR LEADERSHIP TAIWANESE VIEW ON LABOUR LEADERSHIP
GOOGLE’S FUN FACTS: ARE YOU FEELING CURIOUS? GOOGLE’S FUN FACTS: ARE YOU FEELING CURIOUS?
PRO-EU LOBBYIST IN HEART OF WHITEHALL PRO-EU LOBBYIST IN HEART OF WHITEHALL
NONSENSE AND INSENSIBILITY: EMMA THOMPSON’S POETRY PROTEST NONSENSE AND INSENSIBILITY: EMMA THOMPSON’S POETRY PROTEST

ANTI-UKIP BURNHAM V PATRIOTIC ‘PURPLE’ ANDY ANTI-UKIP BURNHAM V PATRIOTIC ‘PURPLE’ ANDY
CORBYN: QUOTING THINGS I HAVE SAID IS “CYNICAL” JOURNALISM CORBYN: QUOTING THINGS I HAVE SAID IS “CYNICAL” JOURNALISM
All Change at News UK All Change at News UK
GDS IMPLOSION CONTINUES GDS IMPLOSION CONTINUES
Virgin Blackmailing Broadband Customers Virgin Blackmailing Broadband Customers
Google Logo Evolution Google Logo Evolution
Corbyn Supporters to ‘Drink Blood of Thatcher’ Corbyn Supporters to ‘Drink Blood of Thatcher’
Government Pleads Guilty to Climate Crimes Government Pleads Guilty to Climate Crimes
New REFERENDUM QUESTION New REFERENDUM QUESTION
“SECURITY” NO. 10’S CORBYN ATTACK LINE OF CHOICE “SECURITY” NO. 10’S CORBYN ATTACK LINE OF CHOICE
Guardian Looking For New Pol Ed Guardian Looking For New Pol Ed
NATIONAL CRIME AGENCY HACKED NATIONAL CRIME AGENCY HACKED
NO CAMPAIGN MAKING FRIENDS: “I HOPE YOU DIE IN A FREAK YACHTING ACCIDENT” NO CAMPAIGN MAKING FRIENDS: “I HOPE YOU DIE IN A FREAK YACHTING ACCIDENT”
CORBYN EQUATES BIN LADEN DEATH “TRAGEDY” WITH 9/11 CORBYN EQUATES BIN LADEN DEATH “TRAGEDY” WITH 9/11
RICH’S MONDAY MORNING VIEW RICH’S MONDAY MORNING VIEW
ENVIRONMENT MAYOR TOTTY WATCH: BRAZIL EDITION ENVIRONMENT MAYOR TOTTY WATCH: BRAZIL EDITION
HAIN GRAVY TRAIN HYPOCRISY HAIN GRAVY TRAIN HYPOCRISY
MONBIOT SKINS & COOKS SQUIRREL ON NEWSNIGHT MONBIOT SKINS & COOKS SQUIRREL ON NEWSNIGHT
DAVE’S CARBON BAGGAGE DAVE’S CARBON BAGGAGE
Daylight Robbery: Met Chain Themselves to £216 Billion 10 Year IT Contract Daylight Robbery: Met Chain Themselves to £216 Billion 10 Year IT Contract
Trumps Hair: Toupee or Not Toupee? Trumps Hair: Toupee or Not Toupee?
BURNHAM BLOWS DOG WHISTLE LINE BURNHAM BLOWS DOG WHISTLE LINE
DCMS FUN POLICE CALLED OFF THE CASE DCMS FUN POLICE CALLED OFF THE CASE
NEW PEERAGES LIST IN FULL NEW PEERAGES LIST IN FULL