Former Cambridge Analytica Chief Receives Seven-Year Directorship Ban

Alexander Nix, the former boss of Cambridge Analytica, has been banned from serving as a company director for seven years over “potentially unethical” behavior linked to his position at the center of a global scandal. The Guardian reports: The Insolvency Service said Nix had allowed companies to offer potentially unethical services, including “bribery or honey-trap stings, voter disengagement campaigns, obtaining information to discredit political opponents and spreading information anonymously in political campaigns.” Nix did not dispute that he caused or permitted Cambridge Analytica’s parent company SCL Elections to offer such services, behavior “demonstrating a lack of commercial probity,” according to the Insolvency Service.

The Old Etonian and former financial analyst will be disqualified from holding directorships, or from promoting, forming or managing a company, starting from October 5, the Insolvency Service said. “Following an extensive investigation, our conclusions were clear that SCL Elections had repeatedly offered shady political services to potential clients over a number of years,” said the Insolvency Service chief investigator, Mark Bruce. “Company directors should act with commercial probity and this means acting honestly and correctly. Alexander Nix’s actions did not meet the appropriate standard for a company director and his disqualification from managing limited companies for a significant amount of time is justified in the public interest.”

Read more of this story at Slashdot.

Source: Slashdot