Western Daily Press

Rees-Mogg to face standards inquiry

- PATRICK DALY & DAVID HUGHES news@westerndai­lypress.co.uk

COMMONS Leader Jacob ReesMogg and Scottish Conservati­ve leader Douglas Ross have become the latest MPs to face a standards probe.

Both were added to the list yesterday of MPs that are under investigat­ion by Parliament­ary Commission­er for Standards Kathryn Stone.

The decision to investigat­e Northg East Somerset MP Mr Rees-Mogg comes after Labour demanded an investigat­ion into a £6m loan that the party said he did not declare properly.

Last month, the opposition party called for Ms Stone to follow up on claims in the Mail On Sunday that the Cabinet minister failed to declare director’s loans from his company Saliston Limited between 2018 and 2020.

Mr Rees-Mogg’s opposite number, shadow Commons leader Thangam Debbonaire, said there appeared to have been “yet another egregious breach of the rules” after the emergence of the report.

Labour deputy leader Angela Rayner separately wrote to the independen­t adviser on ministers’ interests, Lord Geidt, over the loans.

In her letter, she said that failing to declare director’s loans worth £2.94 million a year “allowed Mr Rees-Mogg to borrow a large sum of money at a very low interest rate” and argued that it “should have been declared”.

But Mr Rees-Mogg said: “Saliston is 100% owned by me and this is declared clearly in the Commons register and to the Cabinet Office. It has no activities that interact with Government policy.

“The loans from 2018 were primarily taken out for the purchase and refurbishm­ent of 7 Cowley Street as temporary cash flow measures.

“All loans have either been repaid with interest, in accordance with HMRC rules, or paid as dividends and taxed accordingl­y. The register asks for earnings, not loans, which is why I was declared as a non-remunerate­d director until I resigned on entering Government. Loans are not earnings and are not declarable in the register of interests.”

Meanwhile, Mr Ross revealed last month that he had referred himself to the commission­er after failing to declare thousands of pounds in outside earnings.

According to reports in the Herald, the MP failed to declare £28,218.57 in outside earnings from his second job as an MSP and third job as a football referee. The undeclared income includes £6,728.57 from 16 football matches in 2021 and 2020, and £21,490 in a top-up salary from his role as an MSP.

Speaking to the Herald, Mr Ross said: “Since realising my mistake last week, I contacted the Office of the Register of Interests and made them aware of the situation. All payments have now been declared, including those from my MSP salary that are donated to charities.”

The commission­er does not confirm what claims she is investigat­ing once a probe has been declared.

According to the commission­er’s website, Mr Rees-Mogg and Mr Ross are being investigat­ed over “registrati­on of an interest under category one of the Guide to the Rules (Employment and Earnings)”, and it refers to paragraph 14 of the Code of Conduct.

The paragraph states: “Members shall fulfil conscienti­ously the requiremen­ts of the House in respect of the registrati­on of interests in the register of members’ financial interests. They shall always be open and frank in drawing attention to any relevant interest in any proceeding of the House or its committees, and in any communicat­ions with ministers, members, public officials or public office holders.”

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accused of failing to declare director’s loans
Victoria Jones > Jacob Rees-Mogg is accused of failing to declare director’s loans

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