In a surprising disclosure, former Environment Secretary Theresa Villiers, a Tory MP, has admitted to failing to declare significant shareholdings in oil company Shell during her tenure in the government. The revelation raises questions about transparency and accountability within the political realm.
Villiers confessed that she possessed shares valued at over £70,000 in Shell since February 2018, a fact she only revealed last month. Similar holdings in prominent companies such as Diageo and Experian were also belatedly disclosed. Her spokesman expressed her remorse for not actively monitoring the value of these shareholdings, emphasising that she had not initially realised they would surpass the required threshold for declaration.
