Boris Johnson Criticized for Evasive Conduct Over Hedge Fund Ties

Former UK Prime Minister Boris Johnson has been reprimanded by a government watchdog for failing to disclose details of his relationship with a hedge fund, raising concerns about adherence to post-ministerial rules.

• Boris Johnson has been accused of breaching government rules by not being transparent about his dealings with Merlyn Advisors, a hedge fund.
• The Advisory Committee on Business Appointments (Acoba) criticized Johnson for evading questions about his role, which involved a meeting with Venezuela's President Maduro.
• Despite claims of pushing for democracy and human rights during the meeting, Johnson's lack of transparency has been highlighted as a significant issue.
• Acoba has expressed concerns about the adequacy of current regulations, suggesting that they are outdated and ineffective in preventing conflicts of interest.
• Labour has called for governmental reforms to ensure stricter enforcement of rules governing former ministers' appointments, criticizing the current system as 'toothless'.

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