BHS former owner Dominic Chappell trial begins

BHS former owner Dominic Chappell trial begins
 

The former bankrupt, Dominic Chappell, who bought BHS for £1 from Sir Philip Green goes on trial on Monday.
He faces three charges of failing to hand over information on the BHS pensions scheme to the Pensions Regulator. He denies the charges.
His firm Retail Acquisitions (RAL) bought BHS in 2015 but it collapsed a year later, leaving 20,000 pensioners facing lower than expected pensions.
The chain's collapse crystallised a deficit of £571m in its pension scheme.
Mr Chappell received £2.5m in payments from the company in his year of ownership.
The Pensions Regulator has already reached a... read more

 
8 January 2018 in Business, Views: 38
Source: BBC
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