June 2nd, 2010

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.


82 Comments

  1. 1
    Tim Yeo says:

    Yo!

    Like

  2. 2
    Anonymous says:

    What we need are blank slate MPs who have no experience in anything. That’s what will save the country .

    Like

    • 80
      Sam The First says:

      This man has no understanding of the scientific issues related to ‘climate change’ whatever – he’s a fanatic AGW believer, every bit as bad as Huhne, quite apart from his own investments in AGW-related businesses.

      We need a SCEPTIC in charge of the Committee, not a fanatic from either side – someone who is able to be objective and to understand both sides of the scientific argument. Yeo is NOT that man.

      He is my MOP and I’ve written to him on this topic, receiving totally inadequate replies
      With Huhne and Yeo in charge of this brief, we will be done for.

      John Redwood is a qualified Physicist and DOES have a good grasp of the science in this area (see his Moscow interview on YouTube). He would make a far better Chairman of this extremely important Committee, and possibly be able to educate Huhne away from his worst excesses

      Like

  3. 3
    streamfisher says:

    I think Mandy set the standard for the lot of them, Aluminati and the Carbon Emission Traders, £££, $$$ and Euros.

    Like

    • 11
      ? says:

      Aluminati, is this the light weight metal conspiracy?

      Like

      • 13
        streamfisher says:

        Want me to spell it out?, Y-e-s.

        Like

      • 49

        Apparently it is a very good material for making yachts.

        Also, it takes high-carbon industry out of Wales and into foreign parts, so the carbon traders win as well – a bit like Middlesborough steel, although that is better for building Indian palaces.

        Like

  4. 4
    Number 10's cat says:

    They don’t care who fills the trough.

    Like

  5. 5
    gerta says:

    Gert him, Guido!

    Like

  6. 6
    Deja -vu says:

    hang the fucker

    Like

  7. 9
    The Real Bullingdon Dave and his Bullying Right Hand Man says:

    Unlike Yeo, Labour MPs have integrity and decency. We are a party of honesty and probity.

    Like

    • 12
      Number 10's cat says:

      ROTFLMAO
      funny
      leastways I hope you were being funny

      Like

    • 44
      The right-on phoney “£rd-Way” Bliar, mendacious ***, hypocrite, ****, emoting and wiv stupid grin says:

      Hi!

      I’d just like to reassure my pea-brained followers, my supporters, and the Wet Tory boys that, in my tenure at No 10, I can honestly say that no-one in Noo_Lie_Bore done nothing wot wasn’t right. The Weird Witchy Woman wiv the Big Gob will back me up on that one.

      But still we managed to become very Very VERY RICH!

      And, – even though you were sucker enough to believe the bullshit I spouted, remember one of my catchphrase? – I’m a straight kinda guy.

      So Trust me!

      Like

  8. 10
    Labour Pride Forever says:

    Harriet will be PM in a matter of months.

    Like

  9. 17
    Is it right that mps have more than one job? says:

    what do his voters think?

    Like

    • 68
      Lola says:

      I’m a ‘his voter’ and I don’t think a lot of it at all. I’ve met Yeo. Very unimpressed. And all this stuff confirms my impression that as he’s got a safe seat he’ll max it out for all it’s worth.

      Like

      • 70
        Anonymous says:

        He`s a friend of Julie Kirkbride, say no more.

        Like

      • 81
        Sam The First says:

        Yeo is a standing joke in South Suffolk even among Tory voters and has been for many years – yet they all go out and vote him back in every damn time. Makes me fune! We had a good candidate in Campbell-Bannerman (former Tory, AGW sceptic, and a man of substance) standing for UKIP yet all the lemmings went out and voted for a man they don’t respect. It’s very depressing

        Hi Lola – wonder if we are neighbours!

        Like

  10. 18
    The Beast of Clerkenwell says:

    A lunatic has “gone postal” in Whitehaven Cumbria killing several people
    Police are looking for a man in his late 50’s with strange facial tics
    Has anybody seen Gordon lately?
    He goes on holiday there and the place floods now a mass murder
    A pattern is emerging

    Like

  11. 19
    Where will Joe cole end up? says:

    Meet the new boss same as old boss

    Like

  12. 21
    Theo Walcott says:

    No one loves me

    Like

  13. 27
    Greg Barker says:

    Smart Grids are the future and my friends at Pegasus Capital will look after me.

    Time for more questions in Parliament about it.

    If its good enough for Tim, its good enough for me.

    Like

    • 35
      stun says:

      Ah yes. Bexhill and Battle MP, returned with a reduced majority and a lower percentage of the vote at the last election. The national swing to the Conservatives was how much again?

      Like

  14. 28
    Jimmy says:

    They should definitely choose someone who knows nothing about the subject area. It’s a principle which has served this blog well enough after all.

    Like

  15. 31
    Vaz Watcher says:

    And pray that the notoriously oily and vain Vaz with his penchant for silk cushions claimed on expenses to comfort his fat arse in Government limos will not get near one of the Committees. They’d see through him in an instant in his native Pakistan!

    Like

  16. 34
    Stop this corruption NOW says:

    Are Yeo having a larf – this is surely a piss-take? NO – not again.

    Like

  17. 38
    Sarah Beard, tweeting from Canterbury says:

    Gordon was nowhere near Whitehaven. That’s what his aide tells me anyway. I’m in Kent visiting a friend.

    Like

  18. 39
    A Carbontrader says:

    £80,000 is frankly a piffling amount of money to scam off some green investors.

    Like

    • 73
      Archer Karcher says:

      Eighty grand is only the down payment. The real money is in the kickbacks and share deals when the contracts kick in. Do try and keep up.

      Like

  19. 40
    I am a sad fucker i brought spiceworld the movie says:

    avram Grant to be named west ham boss tomorrow

    Like

  20. 41
    Gordon Brown, private citizen, happily married man and biological father to Ms Macauley's sons says:

    You’re all bigots. And I’m going to shoot you all for kicking me out of office.

    Like

  21. 42
    thick as thieves says:

    Whitehaven……isn’t that where CCHQ is?

    Like

  22. 46
    Sadiq Khunt says:

    Iz it coz I iz a Hunt?

    Like

  23. 47
    Peter Mandelson says:

    I’ll comment on this when Emily has finished riding my face.

    Like

  24. 50
    Gordon Brown says:

    5oth

    Like

  25. 52
    John Cipher says:

    NO CLIMATE CHANGE CHATTERING CLASSES GREEN WINDMILL CLAPTRAP!
    NO PR!
    NO NO THIRD RUNWAY!

    YES CONCENTRATING ON THE DEFICIT FROM THE CHANCELLORS OFFICE AND NOT HIS DEPUTY!
    YES NUCLEAR STATIONS!
    YES CRIME/IMMIGRATION REDUCTION!

    oops sorry forgot, the Whigs are part of all this (plus Cameron’s crappy advisors).

    Like

  26. 53
    The Real Erig Piggles (with serious demeanour) says:

    As communities thingy, I have sent a team to monitor an Elected Mayor and his council who dared to question the necessity of paying good tax payer’s dosh for various ‘community’ (sic) projects.

    He’s also agin PC bollocks.

    Can’t have that can we?

    He’ll avta go!

    Like

  27. 54
    The Beast of Clerkenwell says:

    I’m all in favour of green initiatives
    For example we could turn all of the inhabitants of “Israel” into eco friendly lamp shades and candles, although I wouldnt wash with soap made from them
    Not sure that I would use the ground up bones on the garden either

    Like

  28. 55
    Lord Gower says:

    What a disgusting little man he is

    Like

  29. 56
    Lord Gower says:

    Guido get the clip from a league of there on (unseen) , bad ali camball gets called a hoon (not a hoon but a cnut) , Was broadcast last night on sky sports one , Made me laugh

    Like

  30. 57
    Nick Clegg says:

    I’m shooting up Cumbria, anyone want anything?

    Like

  31. 61
    Genghiz the Kahn says:

    Yeo Single Muther f ukka.

    Like

  32. 62
    Genghiz the Kahn says:

    I see that slime ball Peston is trying to bring down BP.

    Like

  33. 63
    Speaker Bercow says:

    BBC News – “Man kills several in Lake District”.

    Police have warned he’s armed with a compass, route-finder map and an unnerving ability to talk about fuck all for hours.

    Like

  34. 64
    thick as thieves says:

    Derrick Bird has been called up to the England squad by Fabio Capello. He has had more shots in one day that Emile Heskey has all season

    Like

  35. 65
    Harriet Harman says:

    Today’s shootings in Cumbria show that the crime rate has gone out of control under this government. We need a new election so we can restore law and order to the country.

    Like

  36. 66
    Post-Election Frolics says:

    Did Brown visit Cumbria during the election? Has the Curse of McDoom struck again?

    Like

  37. 67
    Trev says:

    Tim Yeo is a pillock which is why he should not be appointed or indeed elected to anything.

    But otherwise just what have you ‘disclosed’? Has Yeo hidden any of the things he ought to have disclosed?

    No?

    So a pretty vacuous post.

    Oh and since when was mass murder meant to be funny? The company you keep Mr F, but then ….

    Like

  38. 71
    I TOLD YOU SO says:

    Tim Yeo represents everything that is bad about the Tory Party, with No redeeming features. He operates within Cameron`s solcial milieu and is great chums with Andrew MacKay and his odious wife Julie Kirkbride.

    `New Politics` !!!!

    Cameron is a fool for encouraging people like this.

    Like

    • 74
      Archer Karcher says:

      Please don’t forget the likes of Spelman, May, Barker and Goldsmith. All of them chancers, none of them Tories.

      Like

      • 77
        Anonymous says:

        There`s many many more than that, although Spelman and May are particularky bad, and Goldsmith`s `chancing` is blatantly transparent.

        Like

  39. 72
    Derrick Bird says:

    Soz all. I voted Labour all my life and ran out of patience.

    Like

  40. 75
    Rivermill Resident says:

    Tosser.

    Like

  41. 82

    […] has made his views perfectly clear on why Tim Yeo’s financial interests render him completely unsuitable for the Energy job and […]

    Like


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Left on Left says:

The lefties are attacking because the panellist is a millionaire and lives in a London home worth upwards of two million. Someone had best tell them he’s called Ed Miliband.


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