Former Conservative minister, Theresa Villiers, failed to declare she held more than £70,000 in Shell shares while she was environment secretary. 'She'll make sure it doesn't happen again,' said the Chief Secretary to the Treasury JohnGlenUK.
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A spokesman for Ms Villiers told the Daily Mirror:"Ms Villiers deeply regrets her failure to monitor the value of shareholdings and has offered her sincere apologies. "These shares are part of portfolio which is professionally managed for Ms Villiers and for which she has never taken day-to-day investment decisions."It did not occur to her that any single shareholding would reach the threshold for declaration, but a legacy received in 2018 caused that to happen.
"As soon as she realised this, she alerted the registrar of members' interests and the standards commissioner. She takes full responsibility for the mistake. "She accepts that it should never have happened, and that she should have kept track of the additions to her investment portfolio. She is taking steps to ensure that this never happens again."
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