Ex-BHS boss hits back at MPs’ report into collapse



Sir Philip Green hit back yesterday at a parliamentary inquiry criticising his role in the collapse of BHS, calling an MPs’ report on the retailer’s demise “bizarre” and “unsupportable”.
A review carried out by the tycoon’s lawyers, Lord Pannick QC and Michael Todd QC, ripped into the report’s findings, which hold Green responsible for leaving BHS with a £571 million pension deficit, taking out £400m in dividends and selling the business to serial bankrupt Dominic Chappell for £1.
The review said: “These dividends were lawful and were paid at a time when the BHS pension schemes were in... read more

 
19 October 2016 in Politics, Views: 52
Source: Scotsman
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
    1 2 3 4 5 6 7
    8 9 10 11 12 13 14
    15 16 17 18 19 20 21
    22 23 24 25 26 27 28
    29 30 31