Marconi scandal

The Marconi scandal was a British political scandal that broke in mid-1912. Allegations were made that highly placed members of the Liberal government under the Prime Minister H. H. Asquith had profited by improper use of information about the government's intentions with respect to the Marconi Company. They had known that the government was about to issue a lucrative contract to the British Marconi company for the Imperial Wireless Chain and had bought shares in an American subsidiary.