
However, this latest conflict of interest is purely of the Board's making - more specifically of the Chairman of the Board, Mel Congerton.
For him to express an interest in being appointed a commissioner while the Board was still assessing the proposals creates a clear conflict of interest and, given that he knew what the Board's likely recommendations were at that time, is the moral equivalent of insider trading.
This is more that just a personal matter for Mr Congerton. It has the potential to bring down everything that the Board has done.
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