Lord Darzi, an advisor to the NHS and an esteemed surgeon, did not declare significant shareholdings in healthcare firms worth hundreds of thousands. A recent Guardian investigation revealed that he held shares in Evelo Biosciences and other companies, which he failed to disclose on the House of Lords register. Darzi's lawyers attributed the omissions to oversight and claimed he had requested corrections. The Lords require peers to disclose commercial interests to maintain transparency, especially as Darzi's involvements could imply conflicts with his government positions.
"The undeclared interests include $500,000 of shares and $800,000 of share options in Evelo Biosciences, and this omission was identified during a Guardian investigation."
"Darzi's lawyers stated that the undisclosed shares were an oversight and noted that some information was publicly available in US stock market filings."
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