Robert Winnett, Deputy Political Editor of the Daily Telegraph has disclosed that the Islwyn MP ‘made the windfall profit on his Westminster flat which was bought in 1998 and sold for more than double the amount in 2007.’ Touhig sold the flat last year for £305,000. Records do not show how much he paid for the property which he is understood to have claimed as his “second home”‘, however similar flats in the same block cost less than £130,000 in 1998. This ‘second home’ status means that Touhig was eligible to claim more than £20,000 a year for the property,’ the report continued.New Labour morality at its finest...Yet another champagne socialist getting richer off of the publics taxes.
Hat Tip to:Cyical Dragon
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