Sunak's family firm signed a billion-dollar deal with BP before PM opened new North Sea licences
Sunak's family firm signed a billion-dollar deal with BP before PM opened new North Sea licences
The CEO of one of Infosys' other major clients, Shell, also joined Rishi Sunak's new business council two weeks ago.
Damn. These are Eastern Europe levels of corruption. Has it only gotten this bad in the past few years or were Cameron/Blair/Major etc. just better at hiding it?
No, it got significantly worse for two reasons:
Trump showed that operating outside morals or regulations had no consequences, political or financial.
A kleptrocrat is now in the highest office, instead of just pulling strings.
I think probably a bit of both. The Conservatives seem to have done away with the concept of political embarrassment except as a political tool in itself.
I think we've been on a quick spiral towards seeing just how much the electorate would deal with.
There are deep parallels with Trumpists and Brexiteers in that their following is almost religious. Pair this with the fact that the UK doesn't have a constitution, and we've found that it doesn't actually matter if a PM is found to have misled parliament or have been charged by the police for an offence. Politicians can get away with whatever they want, including breaking the law, and people will still rather vote for them.
Is anybody really surprised that a billionaire politician abuses his office to make more money? That is the Number One reason why those people go into politics - to be able to distribute the pork barrels directly, without the need to pay other politicians like they normally do.
And this one didn't even need to get elected (tbf neither did the last 2, or is it 3?), they just sit there and wait their turn at playing leader, when they do their best to fill their pockets by picking apart public services.
Ha. It feels good to have such a benevolent leader here in the US. He never talks business with his family. He only talks about the weather when family members call him on the phone. Whatever profits are made are because they are the smartest people he knows.
What a happy coincidence.
What fortuitous luck!
Happy for him maybe
the tories are so corrupt it'd be comical if it wasn't so sad
The UK populace is making a run at the throne for dumbest electorate in the world. USA has been the undisputed champ for years, but UK swinging!
Of all the family values to export out of India, corruption and nepotism seem to be on top of Murthy family's list.
ps : Sunak's wife and Narayan Murthy's daughter had avoided paying taxes on her nearly $1-billion fortune. Infoys also has a history of tax issues in a number of jurisdictions, including UK.
A. that's racist
B. He was born in England, and his parents are Indians from East Africa
It's racist because his values are not Indian, they come from England
A. Pointing out acts of nepotism and tax avoidance is not racist.
B. The comment was on his in-laws, their firm, and their daughter's values.Sunak's British values haven't stopped his wife & his in-laws from tax avoidance and from profiting via nepotism, to which he, the PM of UK, is at best a passive participant and at worst actively involved.
Fuck Billionaires
with a spiny cactus
sideways
This is the main reason why millionaires/billionaires become politicians.
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It's illegal for the poor, not the rich.
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Let me put things this way: In the UK all investigation and prosecution of Corruption is the sole responsability of the Serious Fraud Office.
Ever since the 80s, almost every single year under governments of the 2 major parties and even a cohalition one with the 3rd largest party, the funding of the SFO has fallen in real terms, to the point that it's now at the level of the funding of a town council.
Just as recently as 2017 (if I remember the year correctly) the head of the SFO said they could only afford to prosecute a single large case per year.
By the way these are also the guys with responsability for prosecuting fraud, including Financial Fraud, in a country with over 50 million people, the 6th largest GDP in the World (last I checked) and were 17% of GDP comes from the Finance Industry (to give you a feeling of the size of it).
(Remember, they have the budged of a town council, maybe a small city one, to uphold the multiple areas of the Law, and do so for the whole country)
So of course there are no corrupt people in Britain, because nobody ever gets investigated for it much less prossecuted and convicted and if you ever point at anybody as corrupt there, they'll crack down on you using Libel Legislation (which is so broad I remember this one time not that long ago that an Ukranian Oligarch used British Courts - which took the case - to punish an Ukrainian website who had a post in ukranian accusing him of corruption in Ukraine and the British judges in a British High Court took the case because "it could be accessed from Britain").
yet another tory pm resigns in shame when?
If a Tory resigns every time they do something corrupt we'd get through them pretty quickly.
Are y'all not going through them pretty quickly? I seem to recall something about bacon and lettuce, with a certain red-faced fellow potentially being the tomato that completes the sandwich.
In the absence of snark if the person/party resigning gets to essentially pick their replacement then their is quite obviously no reason not to just do whatever hideous shit you want to, then resign and escape responsibility entirely.
Modern Tories have no shame.
Wow. This is worse than George Bush Jr!
obviously, because Dubya has a peanut sized brain, Sunak is corrupt and not dumb.
Does this qualify as Insider Trading?
In a literal theft from the people sense? Yes. In reality? No, he's rich so he can do what he wants. Laws are to keep us poor in check, not to be fair.
Of course not!
He is clearly just a master negotiator and very savvy businessman!
Anyone could do what he has done if they just worked harder, we’re born into wealth and married the daughter of a billionaire.
It also helps to have zero morals/ ethics.
Insider trade?
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Don't you even try. The people voted the Tories, UK is not a dictatorship. We are paying the consequences of our stupidity.
We are paying the consequences of our stupidity.
FPTP-voting was designed by ancient wealthy romans in order for them to maintain rule regardless of voter-outcomes, this system is inherently flawed in favor of the rich as it makes it easy for them to manipulate. Donate enough to both sides and it's all business as usual no matter the opinion of the populace. In too many places it's a trait of leaving democracy as a mere experiment and bonkers to continue without reform in modern times.
He's not a dictator because of the simple evidence that he's terrified he's going to lose his job which is why he's pulling shit like this. Got to get all of the money out of the system before he's thrown out of office along with his useless party.
Time to pay more taxes, everyone!