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The hope here, although it isn't looking that likely, is that this may finally drive some reform in the rules like the expenses scandal did.
It's nothing new, didn't the JCB guy pay for Boris Johnson's wedding whilst he was PM, but now that the press are making a big thing of it maybe someone will take a step back and think "Yeah, this is a bit dodgy isn't it".
If you need more money to do the job, then increase the salary.
Have they learned nothing from the expenses scandal? This stuff needs to be transparent. Accepting 'gifts' is, at best, very stupid. There's no way this would be allowed in a normal business context.