Ex-Cambridge Analytica chief banned from running companies for 7 years

Cambridge Analytica and other connected firms under Nix's leadership filed for bankruptcy in 2018.

The former boss of Cambridge Analytica, the political consulting firm brought down by a scandal over how it obtained Facebook users' private data, has been banned from holding company directorships for seven years.

Britain's Insolvency Service said Thursday that Alexander Nix is banned from running companies after he permitted Cambridge Analytica's parent firm, SCL Elections Ltd., and connected firms to market themselves as offering potentially unethical services to prospective clients.

UK-based Cambridge Analytica was accused of playing a key role in the 2014 breach of 87 million Facebook users' personal data.

The company denied it used the data for Trump's 2016 election campaign, but some former employees have disputed that. Facebook CEO Mark Zuckerberg has said that it was entirely possible the social media data ended up being used in Russian propaganda efforts.

Cambridge Analytica and other connected firms under Nix's leadership filed for bankruptcy in 2018.

A statement from the Insolvency Service said Thursday that investigators' enquiries confirmed that SCL Elections had repeatedly offered shady political services to potential clients over a number of years. The unethical services offered by the companies included bribery or honey trap stings, voter disengagement campaigns, obtaining information to discredit political opponents and spreading information anonymously in political campaigns, the statement said.

Alexander Nix's actions did not meet the appropriate standard for a company director and his disqualification from managing limited companies for a significant amount of time is justified in the public interest, said chief investigator Mark Bruce.



Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel