LSE director Sir Howard Davies resigns over Libya links

The director of the London School of Economics has resigned over its links to Libyan leader Col Muammar Gaddafi.

Sir Howard Davies said he recognised the university’s reputation had “suffered” and he had to quit.

He said the decision to accept £300,000 for research from a foundation run by Col Gaddafi’s son had “backfired”.

The LSE council has commissioned an independent inquiry into the university’s relationship with Libya and his son Saif.

It will seek to clarify the extent of the LSE’s links with Libya and establish guidelines for future donations.

Lord Woolf, former Lord Chief Justice of England and Wales and former chairman of the Council of University College London, has been appointed to carry it out.

Sir Howard said he regretted visiting Libya to advise its regime about financial reforms, calling it a “personal error of judgement”.

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