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Jacob Rees-Mogg: Parliamentary standards probe launched into Tory frontbencher

An investigation has been launched by the parliamentary standards commissioner into cabinet minister Jacob Rees-Mogg over an alleged breach of the MPs’ code of conduct.

The independent commissioner Kathryn Stone announced that she is investigating a complaint of a breach of paragraph 14 of the code, which requires MPs to make an “open and frank” record of their financial interests in the Commons register.

It is understood that the inquiry relates to a series of loans totalling £6m made to Mr Rees-Mogg by his company Saliston Limited between 2018 and 2020.

The leader of the Commons was reported to the commissioner by his Labour shadow Thangam Debbonaire, who said that if confirmed the alleged loans would amount to “yet another egregious breach” of rules by a Conservative MP.

Mr Rees-Mogg was one of the driving forces behind a botched Tory attempt to neuter the commissioner’s office by appointing a Conservative-dominated committee to rewrite the rules governing her inquiries in favour of MPs under investigation.

The Commons leader admitted on 16 November that he had encouraged prime minister Boris Johnson to force through an amendment setting aside a punishment recommended for Tory MP Owen Paterson after Ms Stone found him guilty of breaching sleaze rules.

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