Apparently, according to some tweeps on Twitter (and the example below is only one example out of many), the fact that the Home Secretary Theresa May & her spouse own some shares in Prudential, which in turn owns some shares in G4S, is a scandal and somehow makes her “corrupt”.
Is it? Does it?
Here’s a recent announcement from G4S:
The directors have been notified of the following substantial shareholdings at 13 June 2012 in the ordinary capital of G4S plc:
Prudential: 89,325,538 (6.33%) – this includes the 80,962,276 (5.73%) notified separately by M&G Investment Funds.
Legal & General Group Plc: 42,320,310 (3.00%)
So it appears Theresa May & her spouse owns a small, non-controlling shareholding in Prudential, which in turns owns a small, non-controlling shareholding in G4S. As do hundreds of thousands of people who have Prudential AND Legal & General life policies and pensions. Crikey, it seems they are all scandalously corrupt!
By the way, May & her spouse bought the Prudential shares in 2002, quite a few years before the G4S got involved in the Olympics…
It is indeed a scandal. A scandal of many straws being grasped.