Tuesday 27 Mar 2018 @ 15:33
Insolvency Service
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BHS investigation

The Insolvency Service confirms the outcome of its investigation into the directors of the collapsed BHS retail chain.

A spokesperson for the Insolvency Service said:

We can confirm the Insolvency Service has written to Dominic Chappell and three other former directors of BHS and connected companies informing them that we intend to bring proceedings to have them disqualified from running or controlling companies for periods up to 15 years.

We can also confirm that we have written to Sir Philip Green, also a former director of BHS, informing him that we do not currently intend bring disqualification proceedings against him.

As this matter may now be tested in the Court it is not appropriate to comment further.

The intention to bring disqualification proceedings follows an investigation by the Insolvency Service, an executive agency of the Department for Business, Energy and Industrial Strategy. Leading counsel has confirmed all our findings.

 

Channel website: https://www.gov.uk/government/organisations/insolvency-service

Original article link: https://www.gov.uk/government/news/bhs-investigation

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