Source · Select Committees · Public Administration and Constitutional Affairs Committee

Recommendation 15

15 Paragraph: 78

Bill Crothers’ move to Greensill Capital was a part of his transition out of the...

Conclusion
Bill Crothers’ move to Greensill Capital was a part of his transition out of the Civil Service and was sanctioned by both his Permanent Secretary and by the then Head of Propriety and Ethics. Greensill Capital’s public sector practice was also still some way in the future. However, even if no conflicts of interest were apparent at the time in this position, the perception created by a very senior official simultaneously holding a private sector post does carry reputational risk. Subsequent events have demonstrated this very clearly.
Paragraph Reference: 78