Not in the least. He knows that the minute he wins again (and he will) the investigation will start up again so there is nothing to be gained regarding that.
He's doing it because he wants to be able to say that "the people have spoken".
It's another "man of the people" play.
"The people" who either do not know the details, or do not care about them.
Neither of which absolves him of any culpability, should the Standards Committee find him in breach.
