Rogue trader Nick Leeson is understood to have hired the MacLaurin
Group to handle his media relations and personal promotion.
MacLaurin is understood to have been brought on board by Leeson’s
lawyers and Ernst and Young, the liquidators for Barings bank, which
collapsed in February 1995 with trading losses of pounds 850 million,
thanks to Leeson’s speculation.
The agency will negotiate deals with publishers and advertisers for
Leeson to help pay back his debts. Until now Leeson has relied on his
lawyer, Stephen Pollard at Kingsley Napley, to act as his spokesman.
The money Leeson will earn from publishing and advertising deals will
go, as it has done already, straight to his liquidators, who have a high
court judgement allowing them to reclaim pounds 100 million from Leeson.
He is reported to be allowed pounds 3,000 a month living expenses.
He told the Mail on Sunday in August: ’Companies are trying to get me to
do advertising commercials and even make a documentary film.’
In the article he said he had been advised by his lawyers to hire a PR
consultant to manage his contact with the media and product
Leeson was released from jail in Singapore in July, and has already made
money from the film of his story, Rogue Trader.
MacLaurin director of media Ian Monk denied that his agency had been
retained to work for Leeson, his lawyers or the liquidators, and his
solicitor was not available for comment.