Money laundering laws broken by Jeremy Hunt, MP referred to parliament watchdog
Jeremy Hunt will be referred to parliament’s standards watchdog for a potential breach of anti-money laundering laws, after he failed to disclose a 50 percent stake in a firm that bought luxury apartments.
The health secretary set up the company with wife Lucia Guo in September 2017, purchasing seven properties in Southampton’s luxurious Ocean Village development in February 2018. Hunt failed to notify Companies House and the register of MPs' interests about his stake in the company for for six months, advising Companies House of his involvement on March 29. Failing to disclose interests to the parliamentary register is punishable by a fine or up to two years in prison.
READ MORE: Nigel Farage has MEP salary docked to £35k amid claims of EU funds misuse
Hunt said not disclosing his financial stake in Mare Pond Properties Limited was an "honest administrative mistake" that was later rectified. Laws introduced in 2015 made it compulsory for anyone with a share of over 25 percent in a company to be listed as a ‘Person with Significant Control’ within 28 days – which Hunt failed to do.
Cabinet Office Shadow Minister Jon Trickett slammed Hunt for the bungle in a statement. “It appears Jeremy Hunt has taken part in illegal activity in his failure to declare his involvement in a luxury flat investment,” Trickett said. “This is simply unacceptable and especially so given the secretary of state’s position at the heart of Theresa May’s government.
“Labour will today refer Jeremy Hunt to the standards commissioner to look into this serious breach. He should have had the decency to refer himself rather than sweep this under the carpet.”
Jeremy Hunt needs to stand down. If it’s seemingly such a struggle to remember buying 7 luxury flats, then he’s probably not best placed to be Health Secretary either.— Dr Lauren Gavaghan *Standing for BMA Council* (@DancingTheMind) April 13, 2018
The health secretary, well known for his battles with junior doctors over the issue of pay and his overseeing of cuts to the NHS, was soon trending on Twitter.
Try the 'honest mistake' line if you miss an appointment at a jobcentre. One rule for the rich ... https://t.co/wJkemsYGyw— Andrew Fisher (@FisherAndrew79) April 13, 2018
One of Jeremy Corbyn’s senior policy advisers, Andrew Fisher, took to the platform to slam Hunt for his actions and subsequent apology. Activist Dr Lauren Gavaghan was one of many others to join the Hunt-bashing on Twitter.
"Jeremy Hunt may have broken anti-money laundering laws brought in by his own government, to disguise the purchase of seven luxury flats. A criminal offence punishable by up to 2 years in prison"Hunt: Oopsie poopsie.Government: Say no more, fam. We consider the matter closed. pic.twitter.com/b3M7xcus3R— James Felton (@JimMFelton) April 13, 2018
Downing Street, however, has insisted there was no breach of the ministerial code. A statement from Number 10 read: "Jeremy has rightly apologised for an administrative oversight, and as the Cabinet Office have made clear there has been no breach of the Ministerial Code. We consider the matter closed."
Jeremy Hunt - the worst health secretary in memory, and gift to rhyming slang connoisseurs everywhere - failed to declare a 50% stake in a luxury flat development business, and... nothing is being done to reprimand him?We live in a clown country, run by and for clowns. Scenes.— Ash Sarkar (@AyoCaesar) April 13, 2018
Think your friends would be interested? Share this story!