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Being beastly to Sir Philip Watts, the ousted former chairman of Shell

Sunday Telegraph: City Diary: Hedge Hopper

“Martyn Hopper of Herbert Smith is the legal beagle sinking his teeth into the Financial Services Authority for being beastly to Sir Philip Watts, the ousted former chairman of Shell.”

By Robert Watts

Martyn Hopper of Herbert Smith is the legal beagle sinking his teeth into the Financial Services Authority for being beastly to Sir Philip Watts, the ousted former chairman of Shell. Watts and Hopper allege the City policeman has produced a “fundamentally flawed” report into the fiasco of the oil giant’s overbooking of reserves and has stomped all over the veteran oil man’s rights.

But who is Hopper? Err, he’s none other than the former head of the FSA enforcement division’s Market Integrity Group (the inquisitors of the City’s rampers and dodgers).

“He’s off the Christmas card list,” barks one of the pups at the watchdog.

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