The Liberal Democrat MP appointed to lead scrutiny of energy policy, bills and petrol prices has more than £66,000 of shares in Britain’s biggest oil company, according to parliamentary records.
By Rowena Mason, Political Correspondent: 11:50AM BST 11 Jun 2013
Sir Robert Smith, who has declared an interest in a company linked to Royal Dutch Shell, will take over as chairman of the House of Commons energy committee on a temporary basis.
The MP for West Aberdeenshire and Kincardine has taken on the role after Tory MP Tim Yeo said he would stand aside during an investigation into allegations he was involved in lobbying.
A Sunday newspaper recorded Mr Yeo boasting that he had coached a business associate for an appearance at the energy committee. He was also filmed suggesting he could be paid to help an energy company get access to minsters.