BBC chairman resigns over loan to Boris Johnson

(FILES) In this file video grab taken from footage broadcast by the UK Parliament’s Parliamentary Recording Unit (PRU) on February 7, 2023 shows BBC chairperson Richard Sharp testifying in front of a Digital, Culture, Media and Sport (DCMS) Committee in London – Sharp announced his resignation on April 28, 2023 over involvement in securing a private credit line for up to £800,000 ($990,000) for the then-PM Boris Johnson from a Canadian businessman. (Photo by Handout / PRU / AFP) /

BBC chairman Richard Sharp on Friday announced his resignation after an inquiry found he had breached rules for failing to declare his involvement in arranging a loan for then prime minister Boris Johnson.

“I feel that this matter may well be a distraction from the Corporation’s good work were I to remain in post until the end of my term,” said Sharp, who was formerly a boss of current premier Rishi Sunak at Goldman Sachs.

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