Important to establish whether and how Mandelson divested himself of his shareholding in his political consultancy Global Counsel. Disgraceful if he has been allowed by FCO to take up post as ambassador while still standing to gain or lose personally from decisions he is trying to influence. And what about his EU pension (which actually demands his continued loyalty to the EU)? FCO should have made him follow same rules as last "political" ambassador Lord Llewellyn when sent to Paris in 2017. Blind trust would be no shield for Mandelson if he knows that Global Counsel shareholding is still being managed for his benefit by a trustee. Mandelson managed to avoid declaring a single client of GC on House of Lords Register of Interests, despite attempts to tighten up rules on clients served personally by peers and government clients.
Where there’s a loophole there’s always politicians behind it 💩💩💩
That "could be" is doing some heavy lifting.
Important to establish whether and how Mandelson divested himself of his shareholding in his political consultancy Global Counsel. Disgraceful if he has been allowed by FCO to take up post as ambassador while still standing to gain or lose personally from decisions he is trying to influence. And what about his EU pension (which actually demands his continued loyalty to the EU)? FCO should have made him follow same rules as last "political" ambassador Lord Llewellyn when sent to Paris in 2017. Blind trust would be no shield for Mandelson if he knows that Global Counsel shareholding is still being managed for his benefit by a trustee. Mandelson managed to avoid declaring a single client of GC on House of Lords Register of Interests, despite attempts to tighten up rules on clients served personally by peers and government clients.