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A Labour MP has been found not guilty of housing fraud.

Apsana Begum, MP for Poplar and Limehouse, was cleared of three charges of dishonestly failing to disclose information relating to her Tower Hamlets council housing application by a jury at Snaresbrook Crown Court.

The 31-year-old collapsed and wept in the dock as the verdicts were announced.

Issuing a statement afterwards, Ms Begum said the trial had caused her “great distress”.

Tower Hamlets Council brought the prosecution, alleging that the cost to the council was £63,928, because someone else on the housing list had to be given accommodation elsewhere.

Ms Begum, who sits on the House of Commons’ education committee, was elected to parliament with a 28,904 majority at the 2019 general election.

The court heard during the trial that the Labour MP has applied to go on Tower Hamlets Council’s social housing register on 22 July 2011 and was placed on the priority housing list after claiming to be living in an “overcrowded” three-bedroom property in Poplar with five members of her family.

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The prosecution argued, based on both a housing application made by Ms Begum’s aunt in 2009 and a council tax form submitted by her mother in 2013, that the property actually had four bedrooms.

Prosecutor James Marsland said Ms Begum has deliberately lied about the number of bedrooms in the house in order to move herself higher up the council register.

He added that the Labour MP had failed to disclose that there were only four people living at the address by January 2014 after her father died and her aunt moved out of the property.

But Ms Begum repeatedly claimed there had only ever been three bedrooms in the house and that she had never had her own bedroom.

Apsana Begum
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Tower Hamlets Council brought the proceedings against Apsana Begum

She added that the events occurred during a period of hardship in her life following her father’s passing and her Bangladeshi-heritage family’s disapproval of her relationship with her then-partner, Tower Hamlets councillor Ehtasham Haque.

The Labour MP’s defence lawyer, Helen Law, claimed a complaint made in 2019 by Mr Haque’s brother-in-law Sayed Nahid Uddin – which triggered the investigation into Ms Begum’s conduct – was “false”.

During the trial, the court heard that Ms Begum left the house in May 2013 due to her family’s hostility towards her desire to marry Mr Haque who was seven years her senior and twice divorced.

Ms Begum said she feared becoming the victim of honour-based violence and had reported her brother to the police after he followed her to work.

The Labour MP told the court her brother locked her in the living room in the same day when she returned home and that he had told her to visit an imam believing she was “possessed”.

Ms Begum said she rang 999 and fled the property with just her handbag. She collected her belongings which were in bin bags outside a few days later.

The MP for Poplar and Limehouse said she managed to call 999 and fled the house with only her handbag. Days later she was told to pick up her belongings, which had been put in black bin bags outside the house.

In a statement following the verdicts, Ms Begum thanked those who stood by her during the trial.

“This case has been driven by malicious intent and has caused me great distress and damage to my reputation,” she said.

“I would like to say a sincere thank you to all my legal team and all those who have shown me solidarity, support and kindness.

“As a survivor of domestic abuse facing these vexatious charges, the last 18 months of false accusations, online sexist, racist, and Islamophobic abuse, and threats to my safety, have been exceedingly difficult.

“I also thank the jury for vindicating me, and the judge for presiding over this trial. I will be consulting and considering how to follow up so that something like this doesn’t happen again to anyone else.

“I would now like to get on with my job of representing my constituents – opposing the negligent COVID decisions made by (Prime Minister Boris) Johnson’s reckless Tory government which has caused so many families to lose loved ones who should still be with us today and so much hardship that could have been avoided.

“My comrades and friends, in Poplar and Limehouse, and beyond, have stood by me, I have and will always stand by them.”

A Tower Hamlets spokesperson said the council accepted the jury’s verdict.

“We have a duty to investigate any allegations of housing fraud in order to ensure public money is spent correctly and that those waiting on our housing register are treated fairly,” a statement released by the council said.

“After reviewing the evidence with the benefit of independent legal advice, it was found it to be strong enough to bring the matter to court where it was agreed there was a case to answer.

“We fully accept the verdict, that justice has run its course and that the matter is now closed.”

Former Labour leader Jeremy Corbyn welcomed the verdicts.

He posted on social media: “Congratulations. Always knew you to be a woman of amazing strength and fortitude and yet again that has been proven.”

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Crypto industry, trade unions clash over multi-trillion dollar retirement funds

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Crypto industry, trade unions clash over multi-trillion dollar retirement funds

A growing rift has emerged in Washington, D.C., between the cryptocurrency industry and labor unions as lawmakers debate whether to ease rules allowing cryptocurrencies in 401(k) retirement accounts.

The dispute centers on proposed market structure legislation that would allow retirement accounts to gain exposure to crypto, a move labor groups say could expose workers to speculative risk. In a letter sent on Wednesday to the US Senate Banking Committee, the American Federation of Teachers argued that cryptocurrencies are too volatile for pension and retirement savings, warning that workers could face significant losses.

The letter drew immediate pushback from crypto investors and industry figures. “The American Federation of Teachers has somehow developed the most logically incoherent, least educated take one could possibly author on the matter of crypto market structure regulation,” a crypto investor said on X. 

Retirement, Pensions
The AFT letter to Congress opposes regulatory changes that would allow 401(k) retirement accounts to hold alternative assets, including cryptocurrency. Source: CNBC

In response to the letter, Castle Island Ventures partner Sean Judge said the bill would improve oversight and reduce systemic risk, while enabling pension funds to access an asset class that has delivered strong long-term returns.

Consensys attorney Bill Hughes said the AFT’s opposition to the crypto market structure bill was politically motivated, accusing the group of acting as an extension of Democratic lawmakers.

Retirement, Pensions
Funds held in US retirement accounts by type of account plan. Source: ICI

Related: Atkins says SEC has ‘enough authority’ to drive crypto rules forward in 2026

Opposition to crypto in retirement and pension funds mounts

Proponents of allowing crypto in retirement portfolios, on the other hand, argue that it democratizes finance, while trade unions have voiced strong opposition to relaxing current regulations, claiming that crypto is too risky for traditional retirement plans.

“Unregulated, risky currencies and investments are not where we should put pensions and retirement savings. The wild, wild west is not what we need, whether it’s crypto, AI, or social media,” AFT president Randi Weingarten said on Thursday. 

The AFT represents 1.8 million teachers and educational professionals in the US and is one of the largest teachers’ unions in the country.

According to Better Markets, a nonprofit and nonpartisan advocacy organization, cryptocurrencies are too volatile for traditional retirement portfolios, and their high volatility can create time-horizon mismatches for pension investors seeking a predictable, low-volatility retirement plan.

Retirement, Pensions
Bitcoin and Ether volatility compared to other asset classes and stock indexes. Source: US Federal Reserve

In October, the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) also wrote to Congress opposing provisions within the crypto market structure regulatory bill.

The AFL-CIO, the largest federation of trade unions in the US, wrote that cryptocurrencies are volatile and pose a systemic risk to pension funds and the broader financial system.

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