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UK Financial Conduct Authority: LF Woodford Equity Income Fund Investigation Date
28/05/2021
In June 2019, we opened an investigation into the circumstances relating to the suspension of the LF Woodford Equity Income Fund. On this page we set out our public statements on this matter. We will keep this updated as further information is provided.
28 May 2021
16 February 2021
21 August 2020
On 18 January 2020, Link Fund Solutions Ltd (LFS), the Authorised Corporate Director of the LF Equity Income Fund (LFEIF), started winding up the fund. LFS considered the winding-up of the LFEIF to be in the best interests of all investors and enabled the return of cash to investors at the earliest opportunity.
Sunak claim that Cameron and Greensill got no special treatment branded as not credible
Rishi Sunak said he doesn t know David Cameron very well at all (Getty Images)
Rishi Sunak has said Greensill Capital and David Cameron were not given preferential treatment by government – a claim blasted as “not credible” by the chair of a prominent Westminster committee.
Sunak told MPs on the Treasury Select Committee that Greensill Capital’s failed bid for a large government loan “did not occupy a huge amount of my time”, despite relentless lobbying from Cameron.
Sunak said he doesn’t “know David Cameron very well at all” and that “the person working on it was not relevant to the attention and due diligence the issue got and required”.