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

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

Cambridge Analytica
Cambridge Analytica and other connected firms under Nix's leadership filed for bankruptcy in 2018.
AP | PTI London
2 min read Last Updated : Sep 24 2020 | 11:13 PM IST

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.


ALSO READ: Facebook ties up with Matrix Partners India to scale early-stage SMBs


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.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Cambridge Analytica rowfacebook data leakMark ZuckerbergUK

Next Story