G3 (company)
G3, or the Good Governance Group, is a strategic advisory consultancy which specialises in providing advice on risk mitigation, governance and regulatory compliance.[1]
History
The company was set up in 2004 by two former senior executives from Kroll Inc..[2]
Background
The firm has offices in London and New York and works with multinational corporations and financial institutions on dispute resolution, regulation and compliance, integrity due diligence and corporate social responsibility.[1]
The company also provides intelligence for businesses, such as competitor analysis and cyber security,[3] including for the defence contractor BAE Systems.[3] The company is reportedly worth about £20 million.[3]
Charitable Foundation
In 2010, G3 established Universal Exports Charity Foundation (UECF), an independent charity which aims to support the advancement of health, education and environmental conservation, as well as the company providing pro bono advice to selected charitable projects.[4]
The Group
Proven
G3’s sister company is called Proven which works closely with law firms and general counsel.[2] Proven provides admissible evidence in the areas of multijurisdictional fraud, corruption, money laundering and asset theft.[2]
Palmer Legal Technologies
In June 2012, Proven acquired Palmer Legal Technologies, a provider of e-discovery and digital forensics services to litigation and dispute resolution teams involved in commercial litigation, internal compliance reviews and regulatory investigations[5]
C5 Capital
G3’s other sister company is called C5 Capital, an investment fund that backs companies in the security sector.[6]
Key Group Members
- Gerald Grosvenor, 6th Duke of Westminster - Chairman of G3's advisory board
- Lt Gen Graeme Lamb - Special adviser
- Ken Macdonald - Non-executive director of Proven, an investigatory arm of G3.
- Former MI6 Middle East director Geoffrey Tantum - Advisory council member
- Paddy Ashdown - Trustee of G3's charitable foundation[3]
- Jacques Battistella – Special adviser to C5 Capital[7]
- Chet Crocker, G3 is chaired by Chester Crocker. He is the James R Schlesinger Professor of Strategic Studies at Georgetown University. He was formerly Assistant Secretary of State for African Affairs and served as Chairman and member of the Board of the United States Institute for Peace (1992-2011) in Washington, DC. He is a founding member of the Global Leadership Foundation.[8]
- Tim Clark, was a former senior partner at Slaughter and May between 2001 and 2008, and is G3 group deputy chairman.[9]
Recent News
In 2011, it emerged that the company was linked to an incident involving Adam Werritty, that lead to the resignation of former UK Secretary of State for Defence Liam Fox.[3][10][11]
In 2012, it emerged that the Group had received £1.5 million from the government of Bahrain for "a media campaign to support the Kingdom of Bahrain's stance before the international community", during the Bahraini uprising.[12]
References
- ↑ 1.0 1.1 "G3". Retrieved 2012-03-29.
- ↑ 2.0 2.1 2.2 "Ex-Slaughters and SJ Berwin chiefs team up". Retrieved 2012-03-29.
- ↑ 3.0 3.1 3.2 3.3 3.4 "Inside the corporate intelligence company which bankrolled Liam Fox". The Daily Telegraph. 22 October 2011. Retrieved 13 March 2012.
- ↑ "Responsibility". Retrieved 2012-03-29.
- ↑ Good Governance Group (21 June 2012). "PRESS RELEASE: PROVEN BOOSTS GLOBAL INVESTIGATIONS PRACTICE WITH ACQUISITION OF PALMER LEGAL TECHNOLOGIES". Good Governance Group.
- ↑ C5 Capital. "About C5: Creating value in the global security sector". C5 Capital.
- ↑ C5. "C5 Advisers". C5.
- ↑ G3.eu. "Dr Chester A Crocker: Group Executive Chairman". G3.eu.
- ↑ Catrin Griffiths (28 September 2009). "Ex-Slaughters and SJ Berwin chiefs team up". The Lawyer.
- ↑ Rayner, Gordon (15 October 2011). "Chain of events that led to Liam Fox's resignation". The Daily Telegraph. Retrieved 13 March 2012.
- ↑ Sengupta, Kim (15 October 2011). "Werritty attended talks about arms deal with Israel and China". The Independent. Retrieved 14 March 2012.
Mr Werritty was a regular visitor to Sri Lanka and Israel and had received payments from the Good Governance Group, which offers advice on international security, and the company Tamares Real Estate, which belongs to Poju Zabludowicz, the chairman of Bicom, an Israeli lobbying group.
- ↑ Gilligan, Andrew (11 March 2012). "Graeme Lamb: British general's company paid to support Bahrain dictatorship". The Daily Telegraph. Retrieved 13 March 2012.