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Montco man settles RICO claims with investment firm over $200K home equity loan

Montco man settles RICO claims with investment firm over $200K home equity loan
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Matt Hancock let off for minor breach of Ministerial Code over shares in firm that won NHS work

Matt Hancock was let off by the standards watchdog today for failing to reveal he owned shares in a family first that won NHS contracts. The Health Secretary was accused of cronyism after it he revealed in March he had a 20 per cent stake in Topwood Ltd, which is run by his sister and brother-in-law. The company, which specialises in the secure storage, shredding and scanning of documents, was awarded £300,000 of business by NHS Wales this year. The new ministerial standards watchdog Lord Geidt today said that his failure to mention the shareholding before it won an NHS deal was a minor breach of the Ministerial Code, but ruled that no action should be taken. 

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