UKIP machine floundering over MEP’s secret finance company

The communications department of the European Parliament’s Freedom and Democracy grouping was on the phone to Scrapbook this morning, adamant that damaging revelations regarding one of their MEPs were false.

Yesterday evening, we revealed that UKIP’s Godfrey Bloom had been a member of the influential Committee on Economic and Monetary Affairs (ECON) since 2009, but had failed to declare an interest in a secret financial investments company.

But the statement given to us from controversial MEP was as follows:

“I resigned all directorships on election to the European Parliament in 2004 and unwound all my business interests.”

As we observed yesterday, Bloom did indeed resign his directorship of TBO Investments in 2004. But official documents obtained by Scrapbook (view in full here) clearly show that Bloom holds no less than 106,960 shares in TBO Investments Ltd, giving him a controlling stake in the company.

As a member of ECON, Bloom has been seeking to exert influence over European economic and monetary policy  – but hiding his controlling stake in a finance firm from both EU officials and his electors.


  1. Alan Dunlop
    Posted October 23, 2012 at 11:24 am | Permalink

    Leave UKIP alone. They are the only ones who want us out of the fascist european dictatorship.

  2. JFG
    Posted October 23, 2012 at 11:34 am | Permalink

    Fascism: a political philosophy, movement, or regime (as that of the Fascisti) that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition.

    Yeah a federal group of democratic states with an elected parliament probably doesn’t fall into that…. moron!

  3. Posted October 23, 2012 at 12:05 pm | Permalink

    Wow, your definition of fascism fits the EU even better than I thought!

    Exalts Nation above the individual – the new one they plan to make, Europe, ‘Ever closer union’ to be pushed irrespective of the will of the people, referenda re-run if the people ‘get it wrong’
    Centralised autocratic government – the raison d’etre of the EU & its unelected commission
    Dictatorial Leader – see above: unelected and unaccountable commissioners
    Economic & Social regimentation – err, that’s what the Single Market is for. ‘Unfair tax competition’ anyone?
    Forcible Suppression of Opposition – I’ll give you this one, though they spend a lot of Our money on propaganda justifying their dream

    I’ll settle for proto-fascist.

    EU is not a democracy, and if it’s not democracy its tyranny.

  4. Kelly
    Posted October 23, 2012 at 1:29 pm | Permalink

    And to think it used to be the left who bandied the word fascist about like confetti. But more to the point it seems that UKIP supporters think its ok to break the rules as long as you have the right political views. Not very democratic that.

  5. Anthony
    Posted October 23, 2012 at 1:31 pm | Permalink

    Honestly mate the Daily Express isn’t staffed by people who understand it either I don’t blame you.

    Please watch this:

  6. Posted October 23, 2012 at 2:18 pm | Permalink

    So, Alan, they can cheat and lie, it doesn’t matter, as long as they get you out of the EU?

    Have you ever wondered why it is that although clearly the English people would like to be rid of the EU, none of the parties in government will ever contemplate it?

  7. Chris
    Posted October 23, 2012 at 4:13 pm | Permalink

    UKIP have rebutted this – the company mentioned, TBO, is in the process of being wound down, thus there is no wrongdoing here.

    Nice attempt at a smear job, but let’s move on.

  8. Geraint
    Posted October 23, 2012 at 7:02 pm | Permalink

    so he’s NOW winding down the company after *8* years of it being an undeclared interest, and that’s all above board? nonsense, Chris

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