Closing shop

The FT reports that the Presidents Club is disbanding.

The Presidents Club has decided to close after a Financial Times report detailing sexual harassment and groping of women at a fundraising dinner it organised.

The group said late on Wednesday that “the trustees have decided that the Presidents Club will not host any further fundraising events”. Remaining funds held by the trust will be distributed to children’s charities and “it will then be closed.”

The BBC:

A man who helped organise a men-only charity dinner, where hostesses were allegedly groped, has quit the Department for Education board.

David Meller quit his non-executive role after claims about the event by an undercover FT reporter.

Charities are refusing donations from the Presidents Club Charity Dinner, at London’s Dorchester Hotel.

Everyone is shocked, shocked.

In a statement, the Presidents Club said: “The organisers are appalled by the allegations of bad behaviour at the event asserted by the Financial Times reporters. Such behaviour is totally unacceptable.

“The allegations will be investigated fully and promptly and appropriate action taken.”

A spokesman for the Artista agency, which recruited the hostesses, said: “I was not aware of any claims of sexual harassment but the kind of behaviour alleged is completely unacceptable.

“I am checking with the staff and any complaints will be dealt with promptly and fairly.”

But what about that nondisclosure agreement?

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