, , , , , , , , , , , , , , , , , , , , ,

Kemi Badenoch is a UK Prime Minister hopeful. And, if it weren’t for her husband’s work might be a good candidate. In a head to head she would beat Rishi Sunak, but not Penny Mordaunt or Liz Truss, however. Mordaunt appears likely the better of the candidates, as well as the most popular: https://twitter.com/PennyMordaunt/status/1547200107636051973

Kemi Badenoch’s husband is Hamish Badenoch. He has worked for Deutsche Bank for over 12 years. He is Deutsche Bank “Global Head, Future of Work and Real Estate Transformation”. It’s unclear if this is strictly within Deutsche Bank or is something more: https://web.archive.org/web/20220603183435/https://www.db.com/who-we-are/our-culture/hr-report/future-of-work/?language_id=1 His degree is in history, yet he’s a banker?

Deutsche Bank, also known as DB, should be renamed “Dirty Bank”.

Deutsche Bank discloses $3.2 bln in Russia credit risk”, Reuters https://www.reuters.com/markets/europe/deutsche-bank-discloses-32-bln-russia-credit-risk-2022-03-10/

Deutsche Bank still advertises that it’s been in Russia for 140 years”: https://web.archive.org/web/20220713070035/https://country.db.com/russia/

Deutsche Bank ends their March 11, 2022 statement on Russia and Ukraine with “There won’t be any new business in Russia.” This suggests that old business and loans remain: https://web.archive.org/web/20220426093633/https://www.db.com/news/detail/20220311-statement-on-russia?language_id=1 https://web.archive.org/web/20220315142112/https://www.db.com/news/detail/20220304-deutsche-bank-statements-on-war-in-ukraine?language_id=1

Germany: Deutsche Bank raided in ‘greenwashing’ probe: Investigators carried out searches at Deutsche Bank and its subsidiary DWS as part of an investigation into investment fraud.” Date 31.05.2022, Related Subjects Deutsche Bank, Frankfurt, Banking Keywords Deutsche Bank, DWS, Frankfurt, fraud, investment, banking, greenwashing https://www.dw.com/en/germany-deutsche-bank-raided-in-greenwashing-probe/a-61986810

Deutsche Bank has frequently been in trouble re money-laundering or suspected money-laundering, including Russia mirror trades: https://www.theguardian.com/business/2022/apr/29/deutsche-bank-hq-frankfurt-raided-suspected-money-laundering

Deutsche Bank fined $630m over Russia money laundering claims: Authorities in US and UK issue fine after saying bank used offices in Moscow and London to move $10bn out of countryhttps://www.theguardian.com/business/2017/jan/31/deutsche-bank-fined-630m-over-russia-money-laundering-claims

For the reasons given in this Notice, the Authority hereby imposes on Deutsche Bank AG (Deutsche Bank) a financial penalty of £163,076,224, comprising disgorgement of £9,076,224 and a penal element of £154,000,000, for breaches of Principle 3 (management and control) and Senior Management Arrangements, Systems and Controls (SYSC) rules 6.1.1 R and 6.3.1 R between 1 January 2012 and 31 December 2015 (Relevant Period).
1.2. Deutsche Bank agreed to settle at an early stage of the Authority’s investigation and therefore qualified for a 30% (stage 1) discount under the Authority’s executive settlement procedures. Were it not for this discount, the Authority would have imposed a financial penalty of £229,076,224 (comprising disgorgement of £9,076,224 and a penal element of £220,000,000)…
” Read more here: https://www.fca.org.uk/publication/final-notices/deutsche-bank-2017.pdf

Already in 1915: “The Deutsche Bank, which together with its affiliated banks controls nearly 3,000 million marks, represents, parallel to the Prussian State Railway Administration, the biggest and also the most decentralised accumulation of capital in the Old World.” Schulze-Gaevernitz, “Die deutsche Kreditbank” in “Grundriss der Sozialökonomik”, Tübingen, 1915, 137, as cited in Lenin’s “Imperialism”. https://www.marxists.org/archive/lenin/works/1916/imp-hsc/imperialism.pdf

Kemi Badenoch statement on Ukraine: https://web.archive.org/web/20220424172316/https://www.kemibadenoch.org.uk/news/statement-ukraine

Hamish Badenoch employment history and education
This wasn’t easy to find or access.
Hamish Badenoch
Global Head, Future of Work and Real Estate Transformation
London, England, United Kingdom
Deutsche Bank 
12 years 5 months 

* Global Head, Future of Work and Real Estate Transformation 
May 2020 – Present 2 years 3 months 
London Area, United Kingdom 

Chief Administrative Officer, Corporate Bank 
Sep 2019 – May 2020 9 months 

Programme lead, Brexit People Migration 
Jan 2017 – Sep 2019 2 years 9 months 

COO, Global Markets UK 
Jan 2016 – Jan 20171 year 1 month 
London, United Kingdom 

Director, Strategy & Planning, Corporate Banking & Securities 
Mar 2010 – Jan 2016 5 years 11 months 
London, United Kingdom 
Work with Head of the Investment Bank to define and develop corporate strategy, to ensure market leadership in the changing regulatory and competitor environment.
Assistant Vice President, Corporate Strategy 
Barclays Capital & Barclays Wealth 
Oct 2008 – Mar 20101 year 6 months 
London, United Kingdom 
Key Projects: Strategic transformation of Barclays Wealth; Debt-for-equity swap with distressed credit fund manager, Public sector investment banking operating model, Acquisition of emerging market trading team, Business plan for investment banking presence in Saudia Arabia. 

Director, Strategic Development (Middle East, Africa and Scandinavia) 
Fortis Investments 
Jan 2007 – Oct 20081 year 10 months 
London, Middle East, Stockholm 
Led deal team for the sale of a Swedish fund business. Developed the strategy for a fund management capability in the Middle East and Africa.
CEO, AVIS Kenya 
Jan 2006 – Jan 2007 1 year 1 month 
Nairobi, Kenya 
Acquired and ran the Avis Kenya franchise (50 staff, annual revenues £300,000), for a Kenyan business conglomerate. P&L responsibility across the entire business, reporting to the Board
Senior Consultant 
Booz & Company 
Jan 2003 – Jan 2007 4 years 1 month 
London & Lagos 
Provided strategic advice and analytic support to clients including Shell, BP and the Department for Work and Pensions. 

* Journalist and Photographer 
Nation Newspaper, Malawi 
Jun 2002 – Dec 2002 7 months 
Wrote news features and comment pieces for a national newspaper across a broad range of subjects, including prison reform, economic development and democratisation 

* University of Cambridge 

* University of Cambridge 
Trinity College, Bachelor’s degree History 
1998 – 2001

May be inaccessible depending on country: https://uk.linkedin.com/in/hamish-badenoch-3998a04

Kemi Badenoch, as reported in May 2022:
* Kemi Badenoch MP, Minister of State
Charities and non-public organisations
* Honorary Fellow, Birkbeck College, University of London
* Patron, Support 4 Sight
* Patron, Mind in West Essex
* Patron, Council for Voluntary Services in Uttlesford

Relevant interests of spouse, partner or close family member
* Ms Badenoch’s husband works for Deutsche Bank. He holds a shareholding in PI Top which provides computer equipment and software to schools. He also owns a rental property


Kemi Badenoch on critical race theory

Link: https://youtu.be/3vf7yX9ESRc
Excerpt: “Lesson No. 2: black history is not the history of institutional racism.

Listening to some Members across the House, it is quite clear that they do not know the difference. It is not true, as the hon. Member for Liverpool, Riverside (Kim Johnson) said, that African history was interrupted by slavery. It also shows an ignorance of geography, because west African history is different from African history. As probably the only Member of this House who actually grew up and went to school in Africa, I can tell the House that that is not what we are taught. Much more is taught about the history of black slave traders who existed before and after the transatlantic slave trade.

In fact, the most notable statue in the city of Lagos, where I grew up, is that of Madam Tinubu. It is the biggest one in the equivalent of Trafalgar Square. She was a slave trader, but she was also a freedom fighter and a much loved icon.

Her slave trading is not celebrated, but her fight against colonisers is. In Nigeria, she is recognised as a complex character, as all historical figures are—and heaven help anyone who would try to pull her statue down. There is much that we can learn from Nigeria about how to handle the issue of statues”. (Kemi Badenoch, MP, 20 October 2020)
See more here: https://miningawareness.wordpress.com/2021/07/05/uk-kemi-badenoch-mp-minister-for-equalities-on-critical-race-theory-african-slave-traders/

This post is not to suggest any wrong-doing by her husband, apart from working for Deutsche Bank.