September 12th, 2012

Tim Yeo Made £10,000 From Green Interests In July Alone
£336 an Hour Conflict of Interest for Select Committee Chair

Guido has said before that if you replace the word “green” with “oil” then Tim Yeo’s conflicts of interests would see him facing the sack. The Tory backbencher might be stepping down as chairman of Eco City Vehicles following Guido’s revelations about the company last month, but the latest Register of Members’ Interests reveals the Energy and Climate Change select committee chairman is still raking in the cash from his green investments. To the tune of ten grand a month.

Yeo was paid £4,340 for 12 hours work for AFC Energy in July, pocketing another £5,416 from TMO Renewables – the company who signed a multi-million pound contract with China the day Yeo lobbied for more direct flights to the country. Overall Yeo made £336 an hour from his outside green interests in July, all while serving as chair of the Energy and Climate Change select committee. With No.10 starting to raise concerns how many more jobs will Yeo have to resign from before the questions go away…


86 Comments

  1. 1
    jgm2 says:

    The more I hear the less I like about this fucker. And that Gummer bastard.

    Like

  2. 2
    Axe The Telly Tax says:

    He spends a lot of time doing deals with China, perhaps we should call him Chairman Yeo ;-)

    Like

  3. 3
    Thick as a Planck says:

    Cross-hairs time.

    Like

    • 20
      Spartacus says:

      hune to be banged up ‘real soon now’, crosshairs?

      Like

      • 35
        Thick as a Planck says:

        It is likely that the trial judge will be Mr Justice Fulford, who is currently a judge of the International Criminal Court.
        Trial to last about two weeks. Should help the figures on here.
        Will the Jury be asked to affirm they have not visited the order-order threads concerning Huhne?

        Like

      • 82
        Handycock No1 Trougher in Parliament says:

        Tim Yeo’s conflict of interest is small beer compared with mine. Not only am I an MP but I am the only Councillor with executive responsibility in the UK. In Portsmouth I hold the planning portfolio, which I run entirely for the satisfaction of my boys, so that they can launder their drug profits through property development, this in turn leads to political donations and grateful backhanders such as my villa in Spain. Concerned constituents have complained about this blatant conflict of interest to the Parliamentary Standards Commissioner who found that I was doing nothing wrong. So much for the regulation of MP’s! Boaz

        http://www.whatdotheyknow.com/request/audit_trail_of_political_donatio#incoming-137471

        Like

        • 84
          Parliamentary Standards Commissioner says:

          I have had many complaints of conflict of interest about this MP holding the planning portfolio in Portsmouth at the same time as being an MP and have found that many MP’s have second jobs. The fact that Mike’s constituents cannot complain to their MP about any planning irregularities, because he is hardly likely to investigate himself, I find to be entirely irrelevant. If any more complaints are made about this MP, I will report back after six months, when time has expired for criminal prosecution, that I do not have the powers to investigate. Boaz.

          Like

  4. 6
    John says:

    The sleaze never stops – these people will never stop till we jail them. This will not happen and cynicism will corrode all hope in our ‘democracy’.

    Very very dispiriting.

    Like

    • 24
      Unbiased observer says:

      I am afraid that the future tense may be out of place. The rot started with Thatcher, then B£liar, then Broon, now Gideon & Co. Political parties are dead in the water imho.

      Like

  5. 7
    SP4BS says:

    What trade to we want with china? They send us as much as they can already, so perhaps it should be about selling them rolls royces and whisky.
    So there should be more direct flights from Derbyshire or Scotland.

    Like

  6. 8
    Jus' Passin' says:

    What a vile little toe rag – or is that language too strong for this blog?

    Like

  7. 9
    kebabmon says:

    How much tax has he paid?

    Like

    • 11
      jgm2 says:

      20% tax on dividends from his company I would guess. His wife and children, as the most likely shareholders/fellow directors, will probably be receiving dividends taxed at 20% too.

      See Ken Livingston for how it all works.

      Like

  8. 12
    Wisdom from Chuka says:

    Heading to Birmingham shortly with @Ned_Miliband for the Road Haulage Association Conference. Our RHA are health providors for this country!

    Like

  9. 14
    beast says:

    Is it true that his wife took the carbon credits?

    Like

  10. 16
    smoggie says:

    No company would allow such a conflict of interest in one of its officers so why does Gov. Uk?

    I used to believe the British were above this but Yeo could teach third world dictators a thing or two about duplicity.

    Kick him to the curb Cameron. And why are Labour so fucking silent? I’d actually applaud them if they went for this oily bastard.

    Like

  11. 17

    See also: Climate change minister Greg Barker’s thorny relationship with his adviser http://www.guardian.co.uk/politics/2012/sep/11/minister-greg-barker-adviser?CMP=twt_gu

    Like

  12. 22
    Some hope says:

    England boss Roy Hodgson is more confident that his side will reach the 2014 World Cup following their 1-1 draw with Ukraine.

    Like

  13. 33
    Yvonne from The Colliers Arms Clydach says:

    I am absolutely disgusted by this.

    I think a great big cheque should be winging its way towards the Uk Treasury to pay down the National Debt.

    Mr Cameron has had plenty of time too to have gone on telly by now to say how shocked and appalled he is .

    Like

    • 65
      Questioner says:

      That’s great cheddar you make, Yvonne. But my Tesco’s stopped selling it. I suppose you couldn’t afford to pay them for the shelf space.

      Like

    • 73
      Old Dog No Tricks says:

      Cameron will only go on telly to tell us ‘he has full confidence in…..’

      Blair did it often enough for Cameron to have latched onto the ‘bright idea’.

      Like

  14. 38
    Thick as a Planck says:

    Yeo’s favorite song

    ” The hills are alive with the sound of ££££££s”

    Like

  15. 41
    Jen The Blue says:

    Yeo is the personification of what’s wrong with politics. Wonder if he is friends with Chris Huhne?

    Like

  16. 44
    Gonk says:

    Aren’t our politicians awful ? Rife with self-interest and personal power.
    They manage to manoeuvre the broadcast and written media in supporting
    minority causes and sub-cultures in our society. Whilst demonising huge numbers of concerned Brits for self-evident worries and fears.
    What the fuck is wrong with them ?

    Like

    • 51
      Thick as a Planck says:

      It’s not them it’s us.
      90% of voters have no clue as to who or what they are voting for.
      And a similar %age are taught by would be commies.

      Like

  17. 47
    larry the cat says:

    They are thinking about getting a guard dog to protect Dave. I hope it’s not Battersea Butch, we never really hit it off.

    Like

  18. 56
    Reverse Roles says:

    The BBC and the Guardian think green crime is not a crime. Zoe Williams said so in her paper review. Tory Ian Dale calling Yeo a Crook, Lefty Zoe Williams calling Yeo a good man.

    Like

  19. 59
    Big Bob says:

    Our MPs are totally out of control.
    Who is responsible for them?
    Mr Speaker?????

    Like

  20. 74
    Laws of the Bungle says:

    We MPs need to supplement our income somehow, especially since that unfortunate decision to scrutinize our expenses more closely.

    Thankfully I didn’t have to stay away too long and am now comfortably back on the gravy train. Good luck to Tim….up the Greens !

    Like

  21. 75
  22. 76
    Penfold says:

    Jolly good show, just goes to prove that politics hasn’t and cannot be cleaned up.

    This man is an immoral profiteer and peculator

    Like

  23. 78
    tthe mystic mould with the appearance of the face of Jesus says:

    I would suggest putting all the nasty industrial/ power generation stuff in one place and leaving the rest of the UK for bunnies and badgers. I propose the Isle of Wight

    Like

    • 80
      the mystic mould with the appearance of the face of Jesus says:

      there was talk some time ago of the euro development being
      german industrial
      france restaurant
      england boutique
      ireland national park

      We are doing our bit.

      Like

  24. 81
    Forkbender says:

    Guido I think you are just a little jealous of Yo Yeo and his equivalent hourly pay , it’s a free capitalist market (which you approve of) so thet can pay him hat they like, with of course the proviso that he informs the powers that be of any personal interests he has in the companies he has a interest in that have interest in outcome of the decisions of the committee.

    Like

  25. 85
    Anonymous says:

    In all the commentary over this that I’ve seen, no one seems to observe that resigning as a director from a company is not really an appropriate resolution of the conflict of issue.

    He’s still in charge of the relevant committees and for us to be told that his decision making process can now suddenly be considered impartial is just taking the piss.

    The real resolution to Yeo’s conflict of interest should have been the resignation, indeed removal, from the political post and not one of the minor commercial ones.

    Like


Seen Elsewhere

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Owen Jones says:

We also need Zil lanes.


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