At the time Mr Smith boasted that Pfizer had been “extremely supportive” of his aspirations to public workplace. Mr Smith left Pfizer in September 2008 when he joined British biotech company Amgen. He was elected MP for Pontypridd in Could 2010.
Mr Smith is a former producer of the BBC Wales political programme Dragon’s Eye. He has also worked as a particular adviser for Torfaen MP Paul Murphy when he was Welsh Secretary and Northern Ireland Secretary.
Till now Mr Smith – who joined the shadow Cabinet as Welsh spokesman in Might 2012 – has remained publicly silent on the deal.
Mr Smith admitted to the Sunday Telegraph‘s Folks diary that “naturally getting worked there I am almost certainly alittle far more knowing than some of people other members” about Pfizer, but he was talking to him ” as any other member of the shadow Cabinet”.
But he explained he had not been dispensing unique tips and explained Mr Miliband was appropriate to oppose the bid, saying he is in “absolutely the right position on this” and “the national curiosity is becoming served”.
Mr Smith said Mr Miliband was right to oppose the bid, saying he is in “absolutely the proper position on this” and “the national curiosity is currently being served”.
His concern was that Pfizer would discover it less difficult to shut Uk operations that Astra Zeneca. He mentioned: “Brilliant even though Pfizer may possibly be it is an American firm, and American to its finger tips.
“And any foreign owned business – given that the model is predicated on growth and contraction, if difficult instances come the places exactly where they contract really don’t tend to be the bits that are closer to residence.”
Mr Smith stated he was paid £80,000 a year to lobby for Pfizer. And he has not received a penny since he left the firm. “I really do not work for Pfizer. I left Pfizer and I am a Labour MP,” he mentioned.
Nevertheless it is not challenging to imagine Pfizer’s disappointment that its significant cash investment in Mr Smith might have yielded a far better return than this.
Uncovered: Ed Miliband"s Pfizer insider in the shadow Cabinet
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