Lords watchdog investigating Labour peer who wrote to Treasury on behalf of crypto firm | House of Lords
The former Labour party general secretary Iain McNicol is under investigation by the House of Lords standards watchdog after he wrote to the Treasury on behalf of a cryptocurrency company that was paying him.
The Lords commissioners for standards said they had launched an inquiry into Lord McNicol over potential breaches of the code of conduct, citing a clause that states members “must not seek to profit from membership of the house by accepting or agreeing to accept payment or other incentive or reward in return for providing parliamentary advice or services”.
The inquiry is the third to be launched by the standards commissioners after revelations in the Lords debate, a months-long investigation by the Guardian into the commercial…
