By Ranjan Balakumaran
Former Rothschild CEO Nigel Higgins has been caught covering up for Barclays in relation to its former CEO Jes Staley & JP Morgan’s facilitation of financial services for serial paedophile and sex trafficker Jeffrey Epstein.
He seems to have successfully evaded scrutiny so far due to some level of deference from newspaper editors but is due to give evidence next week.
Of course he is likely to escape unscathed as Barclays has just renewed his chairmanship for another three years – but if he had any self respect or dignity, he would simply apologize and resign.
It helps that one of the lay people on the tribunal panel used to fix gold prices for Rothschild while Higgins himself was at the bank.
Martin Fraenkel’s CV shows that he also happened to be at JP Morgan at the same time as the man bringing the case Jes Staley.
Staley seems to be trying to salvage his own reputation but is more likely to succeed in bringing others down with him.
Nigel Higgins also controversially sits on the board of the Sadlers Wells dance theatre which has faced scrutiny for taking Barclays money given the Bank’s role in financing the arms trade and genocide in Gaza.
