"A $22bn (16bn) London hedge fund has terminated talks with Peter Mandelson over an advisory role after emails revealed that the former UK business secretary may have leaked sensitive government information to the child sex offender Jeffrey Epstein. Rokos Capital Management (RCM), which is run by the financier Chris Rokos, had been in discussions to hire Mandelson, who had been searching for a new role after being sacked as the UK's ambassador to the US in September following pressure over his ties to Epstein."
"Mandelson stepped down from the House of Lords on Tuesday. The hedge fund said: RCM works with many consultants. We were in discussion with Peter Mandelson about adding him to our deep bench of consultants, but following the recent revelations on Friday, all such discussions were immediately terminated. He had previously been paid for advisory work for Rokos, including in 2024 and 2025, according to the register of commercial and financial interests for members of the House of Lords."
Rokos Capital Management terminated discussions to hire Peter Mandelson after emails suggested he may have leaked sensitive government information to Jeffrey Epstein. The emails indicated Mandelson stayed in contact with Epstein after Epstein's 2008 prison sentence and apparently forwarded material from his time as business secretary in 2009, including government responses to the global financial crisis. The US Department of Justice released additional documents that highlighted the relationship. The Metropolitan police launched a criminal investigation into allegations that Mandelson leaked market-sensitive emails to Epstein. Mandelson resigned from the Labour party and stepped down from the House of Lords. Records show Mandelson had previously been paid for advisory work for Rokos.
Read at www.theguardian.com
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