Former Cambridge Analytica Boss Has Been Banned For Unethical Services According To A UK Agency

Image Credit – GadgetsNow

 

The former head of Cambridge Analytica that is a political consulting firm and presently defunct has been entirely banned from running companies for limited liability in Britain. The company has been running for the last seven years and it has let its staff offer for unethical services according to a state agency.

The director of the firm was Alexander Nix and the other five linked companies that have marketed themselves by offering clients with bribes and stings of honey trap and campaigns for voter disengagement have been reported by the Insolvency Service in the UK.

The disqualification has been accepted by Nix, the Insolvency Service has said. Nix spoke to the media outlets and had not admitted to any kind of wrongdoing and he also had not been accused of breaking any laws. He had decided to close the matter and avoid lengthy and unnecessary court cases that are expensive.

Donald Trump, the US President has hired Cambridge Analytica for the election campaign in 2016 and it has been closed down in the year 2018 because of the scandal that followed over the mining of the user’s data of Facebook Inc.

At that time, the firm has said that it along with its parent company SCL Elections stopped trading after it has suffered a sharp decline in the business because of bad publicity.

The Insolvency Service of the British Government said that it has already started with a thorough investigation into the conduct of the directors of the company and went into a state of compulsory liquidation.

In a statement, on Thursday, the chief investigator of the Insolvency Service Mark Bruce has said that their conclusions were clear in the sense that shady political services have been repeatedly offered by SCL elections to political clients for quite several years.

The agency further added that they have found that Nix allowed SCL Elections and other associated companies to act in a way that lacks commercial probity.

In a statement, it had said that the unethical services that have been offered by the company included honey trap stings, bribery, and also campaigns of voter disengagement and further obtaining information so that political opponents are discredited and information is also spread anonymously as part of the political campaigns.

But the statement never said whether the companies have performed any such services for the clients.

Nix, who is 45 years old, has already been disqualified as acting as the director or someone who can get involved with the limited company sans the court permission starting from 5th October and it will continue for seven years according to the services.

Nix has also told media outlets that concerning its undertakings to the State Secretary, he has made no admission regarding his wrongdoing, and very importantly the government also did not seek any effort to press for the fact that he had breached laws and had deceived the consumers.

Jerry Simmons

I am Jerry Simmons and I focus on breaking news stories and ensuring we (“Digital Wall”) offer timely reporting on some of the most recent stories released through market wires about “Financial” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Digital Wall specializing in quicker moving active shares with a short term view on investment opportunities and trends. <strong>Address:</strong> 4042 Braxton Street, Sterling, IL 61081, USA <strong>Phone:</strong> (+1) 815-535-4324 <strong>Email: </strong>[email protected]

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