BBC chairman resigns after row over loan deal for ex-PM

BBC chairman Richard Sharp resigned on Friday after a report found he broke the rules by failing to disclose the role he played in helping former British prime minister Boris Johnson secure an 800,000-pounds loan.

The 67-year-old former Goldman Sachs banker, who has been the chairman of the UK taxpayer-funded licence fee-backed British Broadcasting Corporation (BBC), said the investigation found he had breached the governance code for public appointments.

The independent review, led by barrister Adam Heppinstall, looked at Sharp’s appointment and his involvement in facilitating an 800,000-pound loan guarantee for Johnson – just weeks before the former prime minister appointed him.