Sunday, 14 March 2010

Vulture Funds - Tory plot!

some bits of news just take your breath away. This one did.

I have sent this letter (below) to my MP, Graham Stuart, following a story in the Guardian (web version) on Saturday 13 March. There seems to be no sign of it in the Sunday version. If you have a local Tory MP, please consider sending your own version to him/her.

People have being buying third world debt (which was scheduled to be written off anyway) and successfully suing for their recovery in UK courts. This bill was supposed to extinguish the practice in our jurisdiction.

Dear Graham, As you will be aware, on last Friday evening members of your party killed a private members’ bill that would have put an end to the disgraceful practice of corporations buying up old debts of some of the world’s poorest countries the suing them for large sums.
The bill had enjoyed widespread support within parliament and from leading charities.
One would expect all Members of Parliament to have supported Mr Gwynne’s bill but Conservative MPs objected to it, knowing that this would mean it would run out of time and have no chance of becoming law.
It appears that your party, having pledged support for the bill, then objected to it and refused to admit who was responsible.
One can only conclude that this was a decision taken by your front bench in a direct breach of commitments given by David Cameron. Can you please
Make your view of this action clear in a reply to this letter, and
Pass on my concerns and seek a clarification from David Cameron
Yours sincerely
Bill Rigby
Green Party Parliamentary Candidate for Beverley and Holderness

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