According to the MPs’ annals of banking interests, he will be paid for seven hours assignment a anniversary for a year.
The arrangement has been accustomed by a Whitehall babysitter admitting it adopting apropos of a “perceived risk” that it may accord the close an arbitrary advantage.
The Advisory Board on Business Appointments said Mr Grayling had reassured them he would not be advising the aggregation on its bartering amphibian activities or risks and opportunities associated with Brexit.
The babysitter said the role would be bound to advising the firm, which additionally operates London Thamesport, on its ecology action and its assurance with bounded action bodies.
It said the MP charge accede with these and added conditions, including a ban on him lobbying ministers on account of the aggregation or giving admonition on UK government tenders, until July 2021, two years afterwards he larboard the cabinet.
Mr Grayling stepped bottomward as carriage secretary aback Boris Johnson became PM in July 2019, accepting served beneath his antecedent Theresa May for three years.
Critics say he fabricated a alternation of poor decisions during his time in the job, including application a arrangement to a accumulation of bear operators to accommodate added accommodation afterwards the UK larboard the EU – one of which had never sailed a vessel.
The contracts, which Mr Grayling declared as an allowance policy, were after cancelled. The National Audit Office estimated that the costs incurred to the aborigine could be as aerial as £56.6m.
Mr Johnson approved to install Mr Grayling as armchair of the able Commons Intelligence and Security Board in July.
But MPs on the board voted to aback his aide Julian Lewis instead. Mr Grayling has back abdicate the committee.
The MP for Epsom and Ewell is the latest above chiffonier abbot to get a advantageous job in the clandestine area while actual in the Commons, ex-Chancellor Sajid Javid accepting afresh been active up as adviser by advance coffer JP Morgan.