BBC president resigns for “facilitating” a personal loan to Boris Johnson

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BBC chairman Richard Sharp announced on Friday that he is stepping down in June after it was revealed he was involved in approving a personal loan to former Prime Minister Boris Johnson in what is seen as a breach of BBC rules. The former chairman of the broadcaster helped Johnson with a loan worth 800,000 pounds (more than 900,000 euros) in 2020. The case, admitted by Sharp, came when he was an official at the financial institutions JP Morgan and Goldman Sachs, a few months before the former prime minister appointed him head of the BBC. Sharp resigned after learning the results of an investigation, which the company had commissioned by lawyer Adam Heppinstall, but it will not take effect until the end of June. Standard Related News As Britain’s Deputy Prime Minister resigns over allegations of workplace harassment, Iñigo Gurruchaga Dominic Raab succumbs to the conclusions of a report on his conduct with his subordinates that he himself requested BBC President’s post is not responsible for journalistic decisions – those are the function of the CEO and depend on a political decision. While it is common for the person elected to be someone close to the appointing government, the rules dictate that the appointment must be transparent. Only this has been called into question after the report concluded that there was apparently “a potential conflict of interest”. According to the report, Sharp facilitated contact between a Canadian businessman and Johnson’s distant cousin, Sam Blyth, and the then Prime Minister’s team to secure the loan. Apparently the British head of government needed the money because of financial burdens resulting from his divorce from Marina Wheeler, his 25-year marriage, and the fee he had to pay for the decoration of the Downing Street apartment. “In hindsight I wish I had remembered to mention this potential conflict of interest,” Sharp said in an interview with the BBC itself, “and would like to apologize for this oversight, however unintentional, and for the distraction it caused.” the outgoing BBC president has settled.
Source: La Verdad

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