Friends & colleagues of Peter Mandelson paid him around £1.5mn for shares in his (now collapsed) consultancy firm Global Counsel, including £250k for his remaining shares just days before the firm collapsed unable to survive the fallout from elevations about Mandelson's connection with Jeffrey Epstein - leaving the remaining shareholders with worthless shares.
If I was a 'friend' of Mandelson I'd feel exploited at best, defrauded at worst.
#PeterMandelson #EpsteinFiles
h/t FT