Gavin Williamson distances himself from troubled fintech
The TelegraphFormer defence secretary Sir Gavin Williamson has severed ties with a loss-making fintech as it grapples with a winding up petition. “Prior to the chief executive’s departure, Sir Gavin had already ceased to have any involvement with Lanistar,” a spokesman for his office said. The Conservative MP’s register of members’ interests continues to list Sir Gavin as an adviser to the company, where it says he “will provide guidance, attend meetings and contribute ideas”. Sir Gavin’s role was cleared last year by Parliament’s Advisory Committee on Business Appointments, which noted the role would see Sir Gavin “attend investor meetings to help promote Lanistar”. Mr Baber, who had been Lanistar’s chief executive since 2022, said: “I enjoyed my time at Lanistar and wish the team well.” Sir Gavin was previously defence secretary in Theresa May’s government between 2017 and 2019.
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