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The Guardian - UK

Politics

Mark Sweney

Peter Mandelson’s advisory firm revokes his voting rights and ends dividend payments

Peter Mandelson Global Counsel Jeffrey Epstein Srichand Hinduja Benjamin WeggProsser Geoffrey Robinson United States Companies House

Peter Mandelson — Global Counsel is selling Mandelson’s stake, which according to filings at Companies House stands at 21%. Photograph: Carl Court/Reuters

Peter Mandelson’s advisory company has revoked his voting rights and cut off dividend payments, after his firing as US ambassador amid email revelations about the extent of his relationship with the child sex offender Jeffrey Epstein.

Global Counsel, which the Labour peer co-founded in 2010 alongside Benjamin Wegg-Prosser, has moved to alter the designation of Mandelson’s shares in the business.

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