Conduct Of The Leader Of The Opposition
EDM number 164 in 1997-98, proposed by Paul Flynn on 24/06/1997.
That this House is shocked that the Leader of the Opposition accepted a gift of ú20,000 from David Steene, managing director of the City Mortgage Corporation which specialises in marketing oppressive mortgage deals to vulnerable and unsophisticated people who are judged to be high risks by reputable companies; deplores CMC's high interest rates that are doubled if a single payment is missed in order that increasing debts lead to homes being repossessed to the profit of CMC; is appalled that thousands of CMC's victims are left homeless and in debt; notes that the CMC Victims Group has accused the company of malpractice; and agrees with the Group's call that the Leader of the Opposition should give the ú20,000 to the victims of the CMC in order to convince the House that he is opposed to sleaze.
This motion has been signed by a total of 19 MPs.
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