The Independent - 06.08.2019

(Ron) #1
TUESDAY 6 AUGUST 2019

Javid ‘unfit to be chancellor’


Ex-banker ‘profited from greed’ that fuelled financial crisis, Labour

claim as they call on PM to launch investigation

Sajid Javid spent 18 years working in the City before entering politics (PA)


LIZZY BUCHAN


Boris Johnson has been urged to investigate his new chancellor Sajid Javid’s City career after Labour
accused him of profiting from the “greed” that fuelled the financial crisis.


John McDonnell, shadow chancellor, has written to the prime minister to demand an investigation into Mr
Javid’s time at Deutsche Bank, raising questions about whether he had any connection with a tax avoidance
scheme while at the firm.


Mr Javid spent 18 years working in the City before entering politics, including a stint at Chase Manhattan
Bank in New York, before rising to become managing director at Deutsche Bank.


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