Labour's former deputy prime minister Peter Mandelson sought the advice of convicted sex offender Jeffrey Epstein on how to secure lucrative roles at companies such as global mining firm Glencore and oil giant BP in the days following Labour's 2010 election loss.
The emails, released by the US Justice Department, show that Mandelson began his job hunt just 11 days after Labour lost power and initially focused on landing a role at Glencore. He even offered to help the company with "government attention and interference" as it prepared for its $60 billion stock market float in 2011.
Mandelson also explored opportunities at BP, which was dealing with the aftermath of the Deepwater Horizon oil spill, and considered taking on a senior role as a "fireman" to help manage the crisis. However, Epstein prioritized Glencore above all else, advising Mandelson to leverage his connections to secure a job with the company.
Despite never being in the running for the chairmanship at Glencore's flotation, Mandelson did go on to secure a paid role as an advisor to Global Counsel, a company he co-founded. The former Labour peer took on this work despite previously saying he was "intensely relaxed about people getting filthy rich".
It is worth noting that Epstein had his own connections to the mining industry and knew billionaire Glencore CEO Ivan Glasenberg. Mandelson's friend, financier Nat Rothschild, also played a role in facilitating their introduction.
The whole episode raises questions about the influence of wealthy individuals on politics and the lengths politicians will go to secure lucrative jobs after leaving office.
The emails, released by the US Justice Department, show that Mandelson began his job hunt just 11 days after Labour lost power and initially focused on landing a role at Glencore. He even offered to help the company with "government attention and interference" as it prepared for its $60 billion stock market float in 2011.
Mandelson also explored opportunities at BP, which was dealing with the aftermath of the Deepwater Horizon oil spill, and considered taking on a senior role as a "fireman" to help manage the crisis. However, Epstein prioritized Glencore above all else, advising Mandelson to leverage his connections to secure a job with the company.
Despite never being in the running for the chairmanship at Glencore's flotation, Mandelson did go on to secure a paid role as an advisor to Global Counsel, a company he co-founded. The former Labour peer took on this work despite previously saying he was "intensely relaxed about people getting filthy rich".
It is worth noting that Epstein had his own connections to the mining industry and knew billionaire Glencore CEO Ivan Glasenberg. Mandelson's friend, financier Nat Rothschild, also played a role in facilitating their introduction.
The whole episode raises questions about the influence of wealthy individuals on politics and the lengths politicians will go to secure lucrative jobs after leaving office.