28-06-2024 07:58 via ukdcnews.co.uk

Director ordered to pay back £50m to pay Company Debts

Ex-BHS director Dominic Chappell has been ordered to pay £50m to cover company debts and losses the firm incurred before its collapse.
A High Court judge said Mr Chappell tried to “plunder the BHS Group whenever possible” after he bought the company for £1 from Sir Phillip Green in 2015.
The ex-director was imprisoned for six years in 2020 over tax evasion.
He has since been sued by BHS liquidators FRP Advisory.
At a hearing on Tuesday, Mr Justice Leech said Mr Chappell n
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