Cambridge Analytica CEO Allegedly Sent $8.2Mln to His Other Firm - Shareholders

Ex-Cambridge Analytica boss admits getting Facebook data from researcher

Alexander Nix said his now-defunct firm had become the subject of global derision and was unfairly blamed for putting Trump in office.

Sources say the money was supposedly meant to help get potential successor data firm, Emerdata, off the ground, with one person adding that Nix said the withdrawal was made in exchange for "unbooked services". Senator Mark Warner, the vice chairman of the Intelligence Committee, asked Facebook if Chinese firms Huawei Technologies Co Ltd, ZTE Corp or Xiaomi were among the companies that received user data. Cambridge Analytica filed for bankruptcy a few weeks later. Facebook data was used by the British firm as part of its work, he said.

The former boss of Cambridge Analytica has claimed his company has been "victimised" by a liberal backlash against Brexit and the election of Donald Trump.

Facebook says Kogan harvested it by creating an app on the platform that was downloaded by 270,000 people, providing access not only to their own but also their friends' personal data.

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Facebook said Kogan then violated its policies by passing the data to Cambridge Analytica. He admitted he had been foolish and had made exaggerated claims in order to attract what he thought was a potential client.

"The Channel 4 News footage also shows that the suggestions to entrap politicians with bribes and honeytraps were not solicited by our reporter but were both raised first by Mr Nix and Mr Turnbull", said C4N. "All Mr Nix's comments carried in our reports were used in context, including any caveats", the broadcaster said in a statement. "The government of India is deeply concerned about reports of such lapses/violations", it said, asking Facebook to respond by June 20.

He said that he was vindicated in saying Cambridge Analytica had not been involved in the Brexit campaign by a report by the Electoral Commission, and that whistleblower Christopher Wylie had lied about the consultancy's involvement in Brexit.

On Wednesday he told Channel 4: "I actually backed up everything I said with documents".

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"But you can't simply put forward your prejudices onto me and make sweeping assumptions about our involvement with a political campaign simply because that is what you want to believe..."

Alexander Nix, the former CEO of Cambridge Analytica, was accused on Wednesday of taking $8 million from the company ahead of its recent collapse.

Nix was also asked about today's Guardian story claiming CA director Brittany Kaiser had met with Wikileaks founder Julian Assange at the Ecuadorian embassy where he is still holed up.

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