Legatum has been on the sharp end of a coordinated campaign recently which aims to discredit our business and the Legatum Institute’s work on global trade. The accusations have been fantastical, bewildering at times but also relentless. Not only have we experienced attacks in the media, we were attacked in Parliament, when four MPs used the protection afforded by Parliamentary privilege to make a number of ill-founded allegations about the Legatum Institute and Christopher Chandler, founder of the Legatum Group, from the floor of the House of Commons during a debate.

While we are all prepared for the cut and thrust of political debate and media reportage, the truth should not be a casualty. In amongst all the smears, half-truths and fantastical mischaracterisations of us, our partners and our team, a resolute fight-back has been underway. Wherever we can take action, we have – and we will continue to pursue every regulatory and legal option available, to ensure that the public record is set straight.

Below we try to summarise the key events since the UK voted to leave the EU in June 2016:

 

Key Events

23rd June 2016

The UK votes to leave the EU


21st July 2016

The Legatum Institute forms the Special Trade Commission

The Legatum Institute Special Trade Commission (STC) was created in the wake of the British vote to leave the European Union. At this critical historical juncture, the STC aimed to present a roadmap for the many trade negotiations which the UK will need to undertake. It sought to re-focus the public discussion on Brexit to a positive conversation on opportunities, rather than challenges, while presenting empirical evidence of the dangers of not following an expansive trade negotiating path.


11th May 2017
ACCUSATIONS

An article by Borderlex attacks the Legatum Institute and makes false claims about Legatum's Founder and Partner Christopher Chandler


24th July 2018
APOLOGY

Borderlex issue apology and retract their article

Borderlex admit to misleading their readers with false information about the Legatum Institute's trade work as well as Legatum Group's Founder and Partner, Christopher Chandler. They issue a full retraction and apology.

Read more.


FIRST
WAVE

ACCUSATIONS OF ALLEGED LINKS TO RUSSIA

November - December 2017
ACCUSATIONS

Legatum publicly attacked by the Mail on Sunday, Sunday Times, Sunday Express and The New European


26th November 2017
RESPONSE

Legatum Group's response to the Mail on Sunday article, 26th November 2017

Legatum responds to the allegations by providing details of the Sovereign Global investment in Gazprom and clarification on the facts surrounding Mr Chandler’s origins and sources of his wealth.

Read more.


3rd December 2017
RESPONSE

Legatum Group response to Sunday Times article, 3rd December 2017

Legatum responds to the allegations by providing publicly available background information on the source of the story as well as providing a more factual version of the events the Sunday Times article mentions.

Read more.


4th February 2018
APOLOGY

The Sunday Express issue apology to Legatum Partner

The Sunday Express newspaper publish an apology to set the record straight on Legatum following the publication of an error strewn article which attacked both Legatum and its Founder and Partner Christopher Chandler.

Read more.


9th September 2018
CLARIFICATION

The Sunday Times publishes clarification of its inaccurate report against Legatum

The Sunday Times newspaper publishes a clarification after wrongly stating that Christopher Chandler and Legatum faced scrutiny by the Intelligence and Security Committee (ISC).

Read more.


19th October 2018
CLARIFICATION

The Times set the record straight on an inaccurate report about Legatum

The Times newspaper clarifies it's article after wrongly stating that Christopher Chandler and Legatum faced scrutiny by the Intelligence and Security Committee (ISC) in an article from the 4th December 2017.

Read more.


21st November 2018
CORRECTION

The New European publishes a correction for its inaccurate report against Christopher Chandler

The New European falsely stated that Christopher Chandler "helped to lead a boardroom coup to emplace Alexey Miller as head of GazProm" in an article from the 25th November 2017. The publication now admits they "did not have a basis to make this claim".

Read more.


SECOND
WAVE

ACCUSATIONS ABOUT MALTESE CITIZENSHIP APPLICATIONS, THE LEGATUM INSTITUTE AND CHRISTOPHER CHANDLER

January - March 2018
ACCUSATIONS

The Financial Times makes false allegations about Legatum Founder and Partner, Christopher Chandler. These allegations are repeated by various media outlets including The Guardian, Shift News and Left Foot Forward. Additionally, The New European publish untruths suggesting the Legatum Institute was being 'wound up' and the further wholly false allegation that claimed Christopher Chandler was 'a big backer of Brexit'.


30th January 2018
RESPONSE

Legatum Group response to Financial Times article, 29th January 2018

Legatum responds to the allegations by providing a version of the story based on facts. Our response prompts the Financial Times to issue a correction (see below).

Read more.


7th February 2018
RESPONSE

Legatum sets the record straight on false reporting

Legatum Partner, Alan McCormick, clears up a number of inaccuracies that have been reported in the UK and Maltese press.

Read more.


9th February 2018
RESPONSE

Correcting fabrications about my Maltese citizenship

We draw the attention of the Shift News journalist and editor to the gross inaccuracies in their story, but they refused to take the article down. Here’s the response we sent them.

Read more.


17th February 2018
APOLOGY

Left Foot Forward removed an article it had published on its website on 14th February which contained five serious inaccuracies about Christopher Chandler and the Legatum Institute.

Read more.


28th February 2018
APOLOGY

The Guardian issue an apology to Legatum Partner

The Guardian retract their article and apologise for the inaccuracies included in its article “Brexiters don’t mind freedom of movement – as long as you’re rich enough to pay for it”, by Zoe Williams, published on 31 January.

Read more.


9th March 2018
CLARIFICATION

Clarification published by the Financial Times

Clarification published following its article in January 2018, making it clear that the applications by Christopher Chandler and Mark Stoleson for Maltese citizenship were made in August and July 2015, respectively, and were not prompted by the result of the Brexit referendum in June 2016.


9th March 2018

Shanker Singham leaves the Legatum Institute for new role at the IEA

Read more.


24th August 2018
APOLOGY

The New European issue an apology to Legatum and Christopher Chandler

The New European apologise for the inaccuracies included in its article “Mum's the word”, by Tim Walker, published on 15th March 2018. Despite their initial reports to the contrary, the correction and apology makes it clear that the Legatum Institute in London was not being 'wound up', and also acknowledges that Legatum Partner, Christopher Chandler, is not 'a big backer of Brexit' nor has he ever donated to the work of the IEA.

Read the apology here.


THIRD
WAVE

ALLEGED 'RUSSIAN SPY' ACCUSATIONS FROM BRITISH MPS IN THE HOUSE OF COMMONS

1st May 2018
ACCUSATIONS

Four UK MPs, led by Bob Seely MP, accuse Legatum founder and partner, Christopher Chandler, of being a Russian agent, resulting in a series of inaccurate and grossly misleading articles. Many of the accusations centred around a discredited dossier created by a self-proclaimed 'spymaster'.


2nd May 2018
RESPONSE

Truth is in the national interest - Christopher Chandler

Christopher Chandler responds to allegations made by British MPs and media that attack his character in an attempt to undermine the Brexit vote.

Read more.


3rd May 2018
ARTICLE

City A.M: MPs should know better than to smear Legatum, by Mark Stoleson

Mark Stoleson, CEO of Legatum, calls for MP's to correct their false accusations made under Parliamentary privilege and demands that they publish their 'secret file'.

Read more.


4th May
LETTER

Defending the integrity of Parliamentary privilege - letter to the speaker of the House of Commons

Legatum publish their letter to the Rt. Hon. John Bercow MP, Speaker of the House of Commons, bringing to his attention the disturbing injustice of MPs making unfounded accusations under the protection of Parliamentary privilege.

Read more.


4th May 2018
ARTICLE

The Times: Christopher Chandler: That’s enough innuendo and slander — now show us proof

Writing in the Sunday Times, Christopher Chandler calls on the four MP's that made allegations in parliament based on a 'secret file' to come forward with proof.

Read more.


7th May 2018
RESPONSE

Parliamentary debate in the House of Commons, 1st May 2018 - point by point rebuttal

Legatum responds to allegations made in the House of Commons and (again) attempts to provide those involved with the facts surrounding the claims.

Read more.

7th May 2018
RESPONSE

Press release: Legatum calls for accountability from four MPs

Legatum criticises the use of parliamentary privilege by four MPs in the House of Commons and calls for a retraction of the damaging and untruthful accusations.

Read more.


6th May 2018
ACCUSATIONS

Legatum attacked by the Mail on Sunday again


6th May 2018
RESPONSE

Legatum Group's response to the Mail on Sunday article, 6th May 2018

Legatum responds to allegations surrounding the contents of a ‘dodgy dossier’ – many of these facts had already been made available to the journalists.

Read more.


11th May 2018
ARTICLE

The Telegraph: Using Parliamentary privilege to fight the Brexit war is an abuse of power

Read more.


13th May 2018
ACCUSATIONS

Legatum attacked by the Mail on Sunday again


13th May 2018
RESPONSE

Legatum Group's response to the Mail on Sunday article, 13th May 2018

Once again, Legatum responds to the Mail on Sunday by publicly providing the facts surrounding their investment in Gazprom.

Read more.


13th May 2018
RESPONSE

How could the Mail on Sunday publish another misleading article?

Legatum responds to the Mail on Sunday who wilfully ignore our efforts to provide them with the truth. Their article is again filled with previously discredited theories, factual errors and false innuendo.

Read more.


13th May 2018
INTERVIEW

The Sunday Times: "Christopher Chandler: Russian spy? Money man for Putin and Trump? No — I’m just a shy billionaire"

In his first interview since an MP alleged he was a Russian spy, Christopher Chandler says the ‘Alice in Wonderland’ claims are a novelist’s invention — or a Kremlin plot.

Read more.


15th May 2018
INTERVIEW

The Guardian: Christopher Chandler denies spy claims

In an interview with the Guardian's Luke Harding, Christopher Chandler denies the allegations made against him in the House of Commons.

Read more.


17th May 2018
ACCUSATIONS

Liam Byrne repeats accusations from the floor of the House of Commons


17th May 2018
RESPONSE

In the name of natural justice, Sir, show us your evidence, 17th May 2018

Christopher Chandler appeals directly to four UK MPs to publish the 'evidence' that is the basis for their false accusations.

Read more.


17th May 2018
RESPONSE

Legatum under attack – our response so far

Whilst always looking to seek a relational solution with various journalists and MPs in the first instance, Legatum is not willing to allow unsubstantiated and false claims against it go unanswered. Here is our response so far.

Read more.


20th May, 3rd & 10th June 2018
ACCUSATIONS

Another three articles from the Mail on Sunday attacking Legatum 


26th August 2018
APOLOGY

The Mail on Sunday issue an apology to Legatum and Christopher Chandler

The Mail on Sunday apologise for the inaccuracies included in its article “Brexit's secret Putin connection” published on 10th June 2018. The correction and apology make it clear the Legatum Institute is an independent charity run by a CEO and a board of trustees. Contrary to their original article, the Mail on Sunday now correctly state that Christopher Chandler has no involvement in the Legatum Institute's operations or management.

Read the apology here.