Demanding that the House of Commons discuss the finances of Theresa and Philip May.

Demanding that the House of Commons discuss the finances of Theresa and Philip May.

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Adam Cleary started this petition to Houses of Parliament and

This a call upon the House of Commons to debate the clear conflict of interest between Philip May and his holding a Senior Executive position as a ‘relationship manager’ within the Capital Group at the time of the April 2018 Syrian bombing campaign, signed off on by then Prime Minister of the UK, his wife, Theresa May.

The Capital Group, a Los Angeles based investment fund boasting assets of $1.6 trillion, and their relationship with Philip May have been drawn into question before. In 2017 the Labour Party called upon him to respond to questions raised about his role within the company, as it had just become public knowledge, through investigation done into the Paradise Papers, that The Capital Group was involved in a tax-avoidance scheme via the Appleby offshore law firm, having also in the past been accused of using tax havens such as Bermuda or the Cayman Islands in order to avoid contributions.

In addition to having shares in McDonalds, JP Morgan, and Philip Morris International, the Capital Group includes in it’s portfolio a stake in Amazon and Starbucks, both mentioned by name by Theresa May, during a speech referencing tax avoidance; “It doesn’t matter to me whether you’re Amazon, Google or Starbucks, you have a duty to put something back, you have a debt to fellow citizens and you have a responsibility to pay your taxes.” However despite strong words, the Premiership of Theresa May was dogged throughout by accusations of feet dragging and prolonging the introduction of transparency measures against firms and individuals using off-shore havens.

However even assuming that no direct criminal activity has taken place on behalf of the former Prime Minister or her husband in relation to tax avoidance, a clear conflict of interest arises from the husband of the PM potentially acting in an unofficial advisory manner behind closed doors to the Prime Minister on steps that she promised the British public that she’d take in order to tackle instances of corruption. How could she effectively have passed legislation against companies that her husband openly represents?

Far more worrying is the issue of the May family personally profiting from the UK’s participation in the April 14th 2018 Syrian Bombing campaign, contributed to with weapons supplied by BAE Systems and Lockheed Martin.

The Capital Group owns a majority 5% share in BAE Systems, currently the forth largest arms manufacturer in the world, however until the 29th May this year, the figure was closer to 9%. They also hold the third largest share (around 6%) of Lockheed Martin, the leading arms manufacturer globally. Both BAE Systems and Lockheed Martin saw their share prices soar during the Syrian bombing campaign period, for which BAE supplied 8 ‘Storm Shadow’ missiles at a total cost of £6.32million, with Lockheed Martin also contributing 19 JASSM-ER cruise missiles to the April 14th attack on an alleged chemical weapons factory, at a cost of $26.6million.

The British public deserve transparency from their representatives. We deserve to know that our elected officials and their families haven’t used the democratic system in order to personally gain from acts of war. We deserve to know that enough is being done to crack down on companies who don’t pay their fair share of tax when citizens do. Finally, we deserve answers as to the extent of the influence that family members of officials and third party private interests are permitted to hold over our Ministers and Prime Ministers. It is the responsibility of the incoming government to address these issues.

"The government I lead will be driven not by the interests of the privileged few, but by yours. We will do everything we can to give you more control over your lives.” - Theresa May.

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