Behind bars, exactly where he should be.
‘Laws, who is believed to be preparing himself for a return to the government after he was forced to resign over an expenses scandal two years ago, said in an interview with The Sunday Telegraph that the government should reduce its spending as a share of GDP from the current 40 percent to 35 percent.
The Liberal Democrat further risked backlash from his fellow party men who are opposed to the government’s spending cuts, saying his views would have been shared even with the founding fathers of the Lib Dems.’
Laws went into investment banking, becoming a Vice President at JP Morgan from 1987 to 1992 and then a Managing Director, being the Head of US Dollar and Sterling Treasuries at Barclays de Zoete Wedd.
After being found guilty Laws was suspended from the House of Commons for 7 days backed by MPs in a House of Commons vote on 16 May 2011. A Labour MP, Thomas Docherty, asked New Scotland Yard to mount a criminal investigation into the matter. Docherty remarked “If anyone else had fraudulently obtained £50,000 and their defence was that they had done it to protect their privacy, then they would rightfully have had the book thrown at them.”