A former environment secretary has revealed she failed to declare tens of thousands of pounds of shares she held in oil giant Shell while in the role.
Ms Villiers, MP for the London seat of Chipping Barnet, alerted the Commons authorities “as soon as she realised this”, the spokesman said.
This was more than a year before she was appointed to the Department for Environment, Food & Rural Affairs (Defra) under Boris Johnson in July 2019, a role she held until February 2020.
On 2 August, she registered a fifth stake over the amount in Scottish Mortgage Investment Trust, with records showing she held it between 6 and 20 July this year.
When Ms Villiers joined Defra, she told the department about her shares and offered to put them in a “blind” trust, where she would not have known how the money was invested, the spokesman said.
Asked about the omission on Sky News, Chief Secretary to the Treasury John Glen described it as an “oversight on her part” and insisted the former minister has been “very clear” in apologising.
This is the best summary I could come up with:
A former environment secretary has revealed she failed to declare tens of thousands of pounds of shares she held in oil giant Shell while in the role.
Ms Villiers, MP for the London seat of Chipping Barnet, alerted the Commons authorities “as soon as she realised this”, the spokesman said.
This was more than a year before she was appointed to the Department for Environment, Food & Rural Affairs (Defra) under Boris Johnson in July 2019, a role she held until February 2020.
On 2 August, she registered a fifth stake over the amount in Scottish Mortgage Investment Trust, with records showing she held it between 6 and 20 July this year.
When Ms Villiers joined Defra, she told the department about her shares and offered to put them in a “blind” trust, where she would not have known how the money was invested, the spokesman said.
Asked about the omission on Sky News, Chief Secretary to the Treasury John Glen described it as an “oversight on her part” and insisted the former minister has been “very clear” in apologising.
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