Nick Clegg facing flak for joining Facebook

IANS  |  London 

Former British Nick Clegg, who earlier criticised for paying too little tax in Britain, is now facing flak for joining the as its head of global affairs, the media reported.

will earn 1 million pounds a year in his new role at Facebook, which paid only 7.4 million pounds in tax in Britain last year despite recording 1.3 billion pounds in sales, the report added.

A couple of years ago, Clegg, who lost his seat in Parliament in the 2017 general elections, said that he was not "especially bedazzled by Facebook".

"Nor am I sure that companies such as really pay all the tax they could ? though that's as much the fault of governments who still haven't got their tax act together," he was quoted as saying.

And now his acceptance of role has not gone down well with his former party colleagues as well as other lawmakers in Britain. He has been accused of hypocrisy.

Senior said he would urge "to make sure Facebook co-operates with attempts to make sure they pay their fair share of tax".

"This is deeply hypocritical. He has been critical about companies that try and reduce their tax and he is now running to the door of Mark Zuckerberg," Nigel Evans, a Tory MP, was quoted as saying.

"Quite frankly we all know he has the ability to say one thing and do another. He's now their champion. Pass the sick bag."

The decision to appoint Clegg, a former trade of the European parliament, is indicative of Facebook's desire to have a better relationship with Brussels, where it is facing calls for increased regulation, reported.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, October 21 2018. 11:00 IST