Firm owned by Boris Johnson's ex-lover Jennifer Arcuri is closing

Tech firm owned by Boris Johnson’s former lover Jennifer Arcuri which once received £11,500 in public money from London Mayor’s promotional agency is closing after plunging £356,616 into the red

  • The Innotech Network Limited was given £11,500 by agency controlled by GLA
  • Former PM was accused of favouring Ms Arcuri because of their relationships
  • But watchdog found there was not reasonable grounds to launch an inquiry
  • She intends to close INL after applying to have it ‘struck off’ Companies House

A tech firm owned by Boris Johnson’s former Jennifer Arcuri, which once received £11,500 from the London Mayor’s promotional agency, is to close after plunging £356,616 into the red.

The Innotech Network Limited (INL), which ran tech conferences, was given £11,500 by a promotional agency controlled by the Greater London Authority when Mr Johnson was Mayor.

The former Prime Minister was accused of favouring her business interests because of their relationships, but the Independent Office for Police Conduct said there was not reasonable grounds to launch an inquiry into potential misconduct in a public office.

Ms Arcuri, 37, set up INL in 2013, but has now revealed that she intends to close the business after applying to have it ‘struck off’ the Companies House Register.

At the same time she has quit as a director of another company involved in the sleaze scandal, which threatened to destabilise Johsnon when he was PM.

Documents show she is no longer a director of Hacker House, which has amassed debts of almost £2 million, although she continues to have ‘significant control’ of the business, according to documents.

A tech firm owned by Boris Johnson’s former Jennifer Arcuri (pictured) is to close after plunging £356,616 into the red

The former Prime Minister was accused of favouring her business interests because of their relationships, but a watchdog found there was not reasonable grounds to launch an inquiry

Hacker House, which is run by Ms Arcuri and her cyber consultant husband Matthew Hickey, was awarded a £100,000 grant from the Department of Culture Media and Sport in 2015 – although it is believed only £47,000 was actually paid.

Ms Arcuri and Mr Johnson struck up a relationship while he was mayor of London and in her diaries she recorded Johnson’s comments encouraging her business.

In one he told her: “How can I be the thrust – the throttle – your mere footstep as you make your career? Tell me: how I can help you?”

In another diary entry she recalled him saying: “I can barely control myself whenever I see you. You make me too excited. Baby I couldn’t wait. All year I have been waiting for you. All year. You drove me nuts. I have thought about no woman as I have thought of you.”

In October 2013, the mayor’s promotional agency, London & Partners, gave Innotech £10,000 to sponsor an Islamic economic forum and the following summer it gave a further £1,500 to sponsor an event at the House of Commons.

In November 2014, Ms Arcuri was a delegate on Mr Johnson’s trade mission to Singapore and Malaysia.

She also met Mr Johnson during his trade mission to New York in February 2015. Eight months later she was a delegate on one to Tel Aviv.

Arcuri moved to close INL in September and on the same day she stood down as a director of Hacker House. However she continues to be listed as in control with co-director Hickey at hacker House.

Ms Arcuri and Mr Johnson (pictured together) struck up a relationship while he was mayor of London

A report by the Independent Office for Police Conduct in 2020 said there was no evidence of a criminal offence by Boris Johnson.

Last month the GLA published a report said L&P should address risk that undue pressure by senior officials and the mayor undermines its work.

Head of the Oversight committee which investigated, GLA member Caroline Pidgeon, said: “While the IOPC investigation into the allegations against Boris Johnson found no evidence of a criminal offence, it did conclude that there was some evidence that Boris Johnson was in an intimate relationship with Jennifer Arcuri during some of the relevant period.

“If he was in such a relationship, failing to declare this as a conflict of interest could have constituted a breach of the broader Nolan Principles, the ethical standards those working in the public sector are expected to adhere to.”

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