Piggy Bank
The Sunday Times had an interesting story last week alleging that Jeremy Corbyn's trade union spokesperson, Ian Lavery MP, received a whopping loan from a miners' benevolent fund which Lavery ran before he was elected to the House of Commons in 2010.
Lavery denies any wrongdoing and told The Sunday Times that the arrangement ended more than eight years ago, but he refused to say whether the loan was repaid or had been written off.
Apparently Lavery is already under investigation for not declaring in the MPs' register of interests a £60,000 redundancy payment from the National Union of Mineworkers (NUM) although I fail to see how an employees could be entitled to a redundancy payment, if they had given up one job voluntarily in order to become a Westminster MP.
The Sunday Times reported that a rival Conservative MP, Paul Scully, has written to the parliamentary standards commissioner demanding to know that Labour’s shadow minister for trade unions "hasn’t been using his old trade union as a private piggy bank.”
By James Lyons - The Sunday Times
Ian Lavery said the £250,000 loan arrangement ended eight years ago (PA Archive)
JEREMY CORBYN’S trade unions spokesman, Ian Lavery, received a home loan believed to be around £250,000 from a miners’ benevolent fund set up by the union that he ran before becoming an MP.
The National Union of Mineworkers (Northumberland Area) provident and benevolent fund was listed as the lender on Lavery’s house by the Land Registry last month but the loan is no longer charged against the property.
This weekend Lavery, who became an MP in 2010, said the arrangement had ended more than eight years ago but would not say whether he had repaid the loan or whether it had been written off. The shadow minister also refused to disclose the terms of the loan, which was made in 1994, two years after he became general secretary of NUM Northumberland Area.
http://www.thesundaytimes.co.uk/sto/news/uk_news/article1680140.ece
MP’s home loan from union fund
MP’s home loan from union fund
By James Lyons - The Sunday Times
Ian Lavery said the £250,000 loan arrangement ended eight years ago (PA Archive)
JEREMY CORBYN’S trade unions spokesman, Ian Lavery, received a home loan believed to be around £250,000 from a miners’ benevolent fund set up by the union that he ran before becoming an MP.
The National Union of Mineworkers (Northumberland Area) provident and benevolent fund was listed as the lender on Lavery’s house by the Land Registry last month but the loan is no longer charged against the property.
This weekend Lavery, who became an MP in 2010, said the arrangement had ended more than eight years ago but would not say whether he had repaid the loan or whether it had been written off. The shadow minister also refused to disclose the terms of the loan, which was made in 1994, two years after he became general secretary of NUM Northumberland Area.
