Johnny Mercer's salary funded by failed bond scheme marketing agent

#21
Looked @BBC
A company that marketed a failed bond scheme that lost savers £236m has been funding an MP's private salary.
Johnny Mercer receives £85,000 from Crucial Academy, a company ultimately funded by Surge Financial Limited.

Surge Financial Limited took 25% commission for marketing bonds by London Capital and Finance (LCF), which is now in administration.

Mr Mercer - who is facing calls from investors to quit as an MP - said he had done nothing wrong.
The Conservative MP for Plymouth Moor View is a non-executive director of Crucial Academy, which trains military veterans and aims to find them employment.

Mr Mercer, himself a former Army officer, is contracted to work 20 hours per month, a rate of more than £350 per hour. The basic annual salary for an MP is £79,468, and they also receive expenses to cover the costs of running an office. According to Mr Mercer's register of members' interests, his only other regular income is the £85,000 per year from Crucial Academy.

Mr Mercer said: "I totally reject the assertion that I have done anything wrong in working as a non-executive director of Crucial Academy. "I have sought rigorous assurances that at no stage was capital used from any business with LCF, in Crucial Academy.

"I received those assurances. It now appears there is a historical link between the two, that has been uncovered in the accounts when Surge Group loaned the Crucial Group £325,095."

He said having joined the academy "only last autumn" he clearly "had no role" in setting up the link.

"When this historic link was discovered, the leadership of Crucial Academy immediately implemented a management buy-out and the loan was repaid, in order to ensure the continuing integrity of Crucial Academy," Mr Mercer explained.

Crucial Academy was "a good organisation, doing good things, run by good people, with no financial link to London Capital and Finance", he said.

"I stand corrected but London Capital and Finance have shafted others over who have allegedly advised or been non executive directors, so the brown stuff still rolling down hill!!"
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#22
whats the issue with the second salary thing? do you think it's an issue that he wrote a book whilst serving as an MP? it probably took him more than 4 hours a week.

if the people who voted for him have a problem with it they can hoof him out.
Don't you know that having a decent salary & working hard is a crime in this country? You aren't 'allowed' to have a disposable income. If you do, you must donate it to charity. All of it. Everyone should live on the breadline so that we're all equal. So says every champagne socialist tossbag.

Most of this is about jealousy. That someone with even a small amount of integrity can exist in the HoC & mouth off against his own party. That someone who can earn a bit of bunce entirely legally & above board is a bottom feeder cos he's earning what someone, somewhere, deems to be too much for the common man to earn. Who the fcuk ever decided too much is too much is beyond me...........
 

rampant

LE
Kit Reviewer
Book Reviewer
#23
As has been written on the other thread in the HoC forum, I suspect his vocal support for veterans has rubbed up some ****** at the BBC the wrong way. His income outside of his MP salary is known to all via the register of interests.
No, it's his own party out to get him

 
#24
Don't you know that having a decent salary & working hard is a crime in this country? You aren't 'allowed' to have a disposable income. If you do, you must donate it to charity. All of it. Everyone should live on the breadline so that we're all equal. So says every champagne socialist tossbag.

Most of this is about jealousy. That someone with even a small amount of integrity can exist in the HoC & mouth off against his own party. That someone who can earn a bit of bunce entirely legally & above board is a bottom feeder cos he's earning what someone, somewhere, deems to be too much for the common man to earn. Who the fcuk ever decided too much is too much is beyond me...........
it just seems odd to me. whenever this sort of thing comes up i think; "How much do you think i should be allowed to earn every year?"

and i'd guess the answer would be they dont care. so why care what MP's make (or for that matter former PM's)?

also Mercer is a good example as i describe above, no one seems to take issue with him writing a book whilst working as an MP, something which would have taken more effort than a half day a week, whilst probably earning him more money (i assume; the book appears to have been a success). yet spending a half day a week working for a group that strives to get veterans into decent paying jobs is somehow morally repugnant
 
#26
No, it's his own party out to get him

I know. And that link pre-dates the BBC article. My point was he's made waves in a few places - with the BBC & its clear leftist agenda going back eons, it doesn't surprise me they've come after him with a total none story. Mud slinging in a Cliff Richard police raid on his gaff sort of approach to journalism.
 

rampant

LE
Kit Reviewer
Book Reviewer
#27
I know. And that link pre-dates the BBC article. My point was he's made waves in a few places - with the BBC & its clear leftist agenda going back eons, it doesn't surprise me they've come after him with a total none story. Mud slinging in a Cliff Richard police raid on his gaff sort of approach to journalism.
TBH I think you might be barking up the wrong wickerman there old boy, you may not like the Beeb but they wouldn't gunning out for him for the reasons you suggest.
 
#28
While this case is clearly a pisspoor attempt at blackmail by the whips, followed by petulant leaking when it failed, it does once again raise the wider question. Do we want Government, and indeed wider parliament run on the basis of party whips blackmailing MPs? It seems to me either there is no case to answer as in this situation, or there is and it should be immediately passed to either the standards committee or if appropriate the police.

Government by blackmail doesn't seem very democratic to me.
 
#29
TBH I think you might be barking up the wrong wickerman there old boy, you may not like the Beeb but they wouldn't gunning out for him for the reasons you suggest.
They are certainly reporting on what appears to be a non story complete with compo faced "victims" having their say.
It worthy of the Daily Mail.
 
#31
Sadly Politicians are stabbing shadows at the moment, JM is a good guy who has been set up by many as a potential leader, others who want to lead don't want competition. Rather think this is a bit out of 'House of Cards'!
Scorpions apparently sting themselves to death when under the heat, HMs Government is in its final terminal throes, so it's a turn the lights out and see who survives. Sadly nice guys survive when it's all nice in the rose garden, bastards walk the corridors when the fights spill into the gutters.
Suggest we review the collateral damage on the 3rd May when the votes are in and counted.
 
#32
TBH I think you might be barking up the wrong wickerman there old boy, you may not like the Beeb but they wouldn't gunning out for him for the reasons you suggest.
I think you misunderstand my point. I think the report in the link may possibly have been enabled by some elements within the Whips office. It wouldn't surprise me with the waves Mercer has created. But what I also think there is a possibility that his attitude to the NI historical allegations & opposition to it (which has been very vocal) has attracted some attention from the beeb who seem to be fairly obviously gunning for any dirt they can get to about what went on during Banner.
 

rampant

LE
Kit Reviewer
Book Reviewer
#33
I think you misunderstand my point. I think the report in the link may possibly have been enabled by some elements within the Whips office. It wouldn't surprise me with the waves Mercer has created. But what I also think there is a possibility that his attitude to the NI historical allegations & opposition to it (which has been very vocal) has attracted some attention from the beeb who seem to be fairly obviously gunning for any dirt they can get to about what went on during Banner.
This where we disagree, I think they are motivated by the possibilty that it's JM being corruptish rather than the issue of NI, you're over thinking this.
 

rampant

LE
Kit Reviewer
Book Reviewer
#34
They are certainly reporting on what appears to be a non story complete with compo faced "victims" having their say.
It worthy of the Daily Mail.
It is rather weak sauce isn't it, seems an incredibly superficial investigation as it stands
 
#35
Interesting that there seems to be a lot of weak attempts to smear his reputation. A relative who is a Tory party committee member has been told a number of clearly bollox stories about him. I struggle to see why he is getting this treatment, he’s not that controversial and too young to be a threat to the cr@p that’s queuing up to replace May.
 
#36
Don't you know that having a decent salary & working hard is a crime in this country? You aren't 'allowed' to have a disposable income. If you do, you must donate it to charity. All of it. Everyone should live on the breadline so that we're all equal. So says every champagne socialist tossbag.

Most of this is about jealousy. That someone with even a small amount of integrity can exist in the HoC & mouth off against his own party. That someone who can earn a bit of bunce entirely legally & above board is a bottom feeder cos he's earning what someone, somewhere, deems to be too much for the common man to earn. Who the fcuk ever decided too much is too much is beyond me...........
**** off. This is the same snout in the trough stuff (albeit different route in) as Generals not rocking boats till they get rewarded on exit with non exec position in companies that **** the blokes over, Sodexo, **** society over G4S et al and quite frequently **** the world up BAE

If you can’t see this for what it is you are either being disengenuous or dim.

His voting record is the party line on everything. His voting position has done huge amounts of damage to society and the **** even voted for reduction in bereavement payments which inevitably effect military families
 
#37
Interesting that there seems to be a lot of weak attempts to smear his reputation. A relative who is a Tory party committee member has been told a number of clearly bollox stories about him. I struggle to see why he is getting this treatment, he’s not that controversial and too young to be a threat to the cr@p that’s queuing up to replace May.
Despite voting entirely with the party on all HoC voting he has squaddied it and said what a cluster fuxk Tory policy and top management is

He is also getting high on his own supply of “attaboy” “good egg” “soldiers soldiers” “innit for the blokes” PR

I’ve always thought he was naive both in life and politically. This naivety plays well in some quarters “says what he means” “straight talker” etc but he ain’t smart enough or in charge of his shit enough to move much further forward. Party machinations will eat him up
Doesn’t help that his bravado work hard reap the rewards schtick has absolutely no ducking impact in his rock bottom socio-economic political ward despite being stuffed full of ex matelots and bootnecks waving St. George’s crosses

He is a political mosquito, his USP is soldiers and tours.... he will soon enough feel/realise the Kipling effect and end up sucking corporate cock at Sodexo
 
#38
Despite voting entirely with the party on all HoC voting he has squaddied it and said what a cluster fuxk Tory policy and top management is

He is also getting high on his own supply of “attaboy” “good egg” “soldiers soldiers” “innit for the blokes” PR

I’ve always thought he was naive both in life and politically. This naivety plays well in some quarters “says what he means” “straight talker” etc but he ain’t smart enough or in charge of his shit enough to move much further forward. Party machinations will eat him up
Doesn’t help that his bravado work hard reap the rewards schtick has absolutely no ducking impact in his rock bottom socio-economic political ward despite being stuffed full of ex matelots and bootnecks waving St. George’s crosses

He is a political mosquito, his USP is soldiers and tours.... he will soon enough feel/realise the Kipling effect and end up sucking corporate cock at Sodexo
Interesting analysis. Probably conquers with the view from certain Grandees (in normal times i'd say the whips office but we all know they are busy trying to persuade May to take a long walking holiday off a short pier before the red army arrives)

An alternative view would be a man who has been loyal and is now the target of a botched hatchet job by the party apparatus is ripe to become another partys newest (or first) MP.
 

ExREME..TECH

On ROPS
On ROPs
#39
Johnny Mercer is probably a Mod on here
 
#40
While this case is clearly a pisspoor attempt at blackmail by the whips, followed by petulant leaking when it failed, it does once again raise the wider question. Do we want Government, and indeed wider parliament run on the basis of party whips blackmailing MPs? It seems to me either there is no case to answer as in this situation, or there is and it should be immediately passed to either the standards committee or if appropriate the police.

Government by blackmail doesn't seem very legal or ethical to me.
FoC
 

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