Source · Select Committees · Public Administration and Constitutional Affairs Committee
Recommendation 12
12
Paragraph: 63
The impression might also be drawn that Supply Chain Finance was entirely the responsibility of...
Conclusion
The impression might also be drawn that Supply Chain Finance was entirely the responsibility of Lord Heywood and Lex Greensill. Whilst the then Minister for the Cabinet Office and Prime Minister may have given the impression that they were not involved in its development, both gave speeches endorsing it at the time. Moreover, whilst the Prime Minister may not have been actively involved in exploring its potential, the initiative came from his office and with his approval, either tacit or, in some places, expressed.
Paragraph Reference:
63