Sunday 10 August 2008

Conflict of Interest - Tim Yeo works for "green" car company

Via Ian PJ:

Tim Yeo used his casting vote as chairman of the all-party Environmental Audit Select Committee to push through a report, published last week, which backed the decision by Alistair Darling, the Chancellor, that new, higher rates of vehicle excise duty (VED) rates should apply to previously-purchased cars.

But. He is paid £40,000 a year as non-executive chairman of Eco City Vehicles Plc, a company which plans to market a hybrid car which would qualify for low rates of VED under the new tax regime, due to its low carbon emissions.

Under Commons rules, select committee members are required to step aside if their role conflicts with their remunerated interests.

As well as preparing to launch a greener hybrid electric/petrol car, Eco City Vehicles last month launched a new taxi through its subsidiary, KPM, which it hopes will qualify for lower VED rates because of its reduced emissions.

Roger Lawson, of the Association of British Drivers, said: "He should have withdrawn from the discussion on principle. The proposed changes to VED are totally excessive and unfair. How was someone who bought their car six or more years ago supposed to know they would end up paying more tax?"

This is CONFLICT OF INTEREST. Lining his own pockets at the expense of taxpayers, or in this case, screw the taxpayer.

You can read the full article in the Telegraph here.


Tim Yeo is yet another MP that should be stripped of the whip, deselected and voted out.



There is no left or right in politics any more.
This battle is about one thing, Authority versus Liberty.



There IS another way!




Your Life, Your Country, Your Choice.

4 comments:

Mark Wadsworth said...

I bloody knew that Tim Yeo was up to something dodgy, thanks for that.

Trixy said...

VED plans all stem from Brussels also and there are a few MEPs with links to car companies.

Obnoxio The Clown said...

Trixy, I think I smell a campaign here: outing the "green" business connections of committed environmentalist politicians.

Jason Gillman said...

Well There you go.. Greens are killing us. We have similar issues here. The speaker of our house of representatives is hip deep in conflict as well.

This link strats the discussion.
http://tinyurl.com/6hk4sr

Good luck there.