Martin Bangermann

Martin Bangermann's move from his position as Commissioner for Industry and Telecommunications sparked outrage when he moved to a new position at Telefonica, the Spanish telecommunications giant: the very field in which he had been setting European policy. At the time his salary at Telefonica was reportedly £630,000 per annum. Leader of the socialist group in the European Parliament said, "This is a sleaze soaked appointment."

Mr Bangermanns employment history reads as follows:

Commissioner for internal market and industrial affairs (1989-1994)
Commissioner for Information and Telecommunications Technologies (1994-1999)
Non-executive Advisory Boards of Telefonica (2000-2005)

Source: [http://www.guardian.co.uk/eurocommission/Story/0,,206426,00.html] The Guardian (UK) July 1, 1999.

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