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BBC Chairman Resigns Over Loan Controversy with Boris Johnson

An investigative report concluded that Sharp failed to disclose potential conflicts of interest when arranging a loan with Boris Johnson.

Sharp said he was stepping down as BBC chairman to put the broadcaster’s interests first. (Image: Getty Images)

BBC Chairman Richard Sharp has resigned for helping then-Prime Minister Boris Johnson get a personal loan.

An investigative report released on Friday concluded Sharp had failed to disclose any potential conflicts of interest. The 67-year-old had concealed the connection to Johnson during the selection process.

Accidentally breaking rules

He unintentionally broke rules, Sharp explained. He is leaving his post to prevent damage to the British TV and radio station. He intends to remain in office until a successor is decided.

In late 2020, Sharp helped incumbent Prime Minister Johnson secure a personal loan of up to £800,000 from Canadian businessman Sam Blyth. Shortly thereafter, on government recommendation, Sharp was appointed BBC chairman.

Sharp stressed he didn’t get the job at the BBC for arranging the loan.

VIDEO: Credit brokered to Boris Johnson: BBC boss Sharp resigns

2023-04-28 20:49:41
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