Kwasi Kwarteng warned against avoiding a job at Australia’s Fortescue iron ore mine
Concerns: Former Chancellor Kwasi Kwarteng (pictured) has been warned against recommending an investment in Australian mining company Fortescue
Kwasi Kwarteng has been warned against advising Australian mining company Fortescue amid fears it would gain an “unfair advantage”.
The former chancellor, who was only in office for 28 days, asked the advisory committee for permission to hold business meetings.
The Tory MP was warned in a leaked letter from committee chairman Lord Pickles that there could be “real and perceived risks”.
“They could use the influence and network gained in office to gain an unfair advantage.”
“Given that the company’s work directly intersects with your access to information and responsibilities for green energy and the hydrogen energy market, the committee has recommended that you be banned from working in any aspect of the UK energy sector,” added Pickles.