HomeForeign NewsBreaking: BBC Chairman, Richard Sharp Resigns

Breaking: BBC Chairman, Richard Sharp Resigns

Chairman of the British Broadcasting Corporation (BBC), Richard Sharp, has resigned on Friday after a report a report of him failing to disclose his involvement in facilitating a loan of almost $1 million to former British Prime Minister Boris Johnson was revealed.

According to CNN, Sharp claimed the breach was “inadvertent and not material,” but said he was resigning to “prioritise the interests of the BBC.”
Although, embattled Sharp denied previous involvement in the arrangement, or the existence of a conflict of interest as the loan happened before his appointment as head of the public broadcaster.

However, Adam Heppinstall’s report found Sharp “failed to disclose potential perceived conflicts of interest” to the cross-party panel of MPs which advised ministers on who to appoint.

The report said, “There may well have been a risk of a perception that Mr Sharp would not be independent from the former Prime Minister, if appointed,”
“Both these non-disclosures caused a breach of the Governance Code because the Panel was unable at the time to advise Ministers on these matters.”

Before this development occurred, the former banker had been under pressure to resign after it was reported he acted as a middleman when Johnson was looking to secure the loan, weeks before the then-PM appointed Sharp to his post in 2021.

Interestingly, Sharp after suggesting he acted as a “sort of introduction agency,” disclosed to lawmakers in February he “didn’t arrange the loan.”

Going memory lane, The BBC, funded by a £159 ($193) license fee paid annually by every household that owns a television or watches streaming content, has been embroiled in controversy this year after it suspended its star football presenter Gary Lineker for criticizing the government’s migration policy.

Lineker had likened a controversial new law aimed at blocking undocumented migrants from entering the country on small vessels, and its loaded “Stop the Boats” slogan, to language used in 1930s Germany – a comparison that drew an angry backlash from parts of Britain’s right-wing media and several lawmakers in its ruling Conservative Party.

The issue was given a second thought as the former England soccer captain was later reinstated after his fellow presenters refused to go on air without him, and the corporation announced a review into what freelancers outside of its news arm (such as Lineker) can and cannot say on social media.


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