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Peter Mandelson Advisory firm strips peer of voting rights and dividends
The Guardian
|September 25, 2025
Peter Mandelson's advisory company has revoked his voting rights and cut off dividend payments after he was fired as US ambassador amid email revelations about the extent of his relationship with the sex offender Jeffrey Epstein.
Global Counsel, which the Labour peer co-founded in 2010 with Benjamin Wegg-Prosser, has moved to alter the designation of Mandelson's shares in the business. The change strips him of voting power to influence decisions at Global Counsel and prevents him from taking dividends or any gains in the value of his stake, Bloomberg reported.
This story is from the September 25, 2025 edition of The Guardian.
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