[email protected]      +1 765-200-0323

Ex-BHS owner Dominic Chappell's conviction stands

Ex-BHS owner Dominic Chappell's conviction stands
By: Skynews Posted On: September 21, 2018 View: 8

Ex-BHS owner Dominic Chappell's conviction stands

Former BHS owner Dominic Chappell has lost the appeal against his court conviction for failing to provide information to The Pensions Regulator.

Judge Christine Henson QC reinforced the view of the trial court that convicted him in January, as she criticised Chappell in court for being "evasive and unbelievable".

Dismissing the appeal at Hove crown court, Judge Henson said she would now re-examine the £50,000 fine issued against Chappell for the three convictions.

Chappell was convicted of three charges after being found guilty of failing to disclose details to the pensions watchdog as part of its investigation into the collapse of the BHS high street chain with the loss of thousands of jobs.

The trial judge dismissed at the time Chappell's claim that he could not provide information, as he had been locked out of the chain's headquarters after it folded.

:: Former BHS owner Dominic Chappell fined £87k in pension case

At the appeal which concluded on Friday, Judge Henson said that Chappell gave a similarly "completely unbelievable" account over his claim that all his documentation regarding BHS had been on a single memory stick, seized by HM Revenue and Customs.

The former racing driver and three-times bankrupt was fined a total of £87,000 including £37,000 in costs, and ordered to pay £2,500 a month.

Chappell bought BHS from billionaire Sir Philip Green in March 2015 for £1, and the retail chain went into administration the following April, leaving a £571m pension deficit.

Sir Philip agreed to pay £363m towards the pension black hole, with pressure brought to bear on the retail tycoon as stories and images of a lavish lifestyle contrasted with BHS staff first losing their jobs and then retirement nest eggs.

More from Business

:: Philip Green and wife fifth on rich list with £2.8bn despite BHS scandal

The Pensions Regulator (TPR) began investigating after the BHS sale, over concerns about two pension schemes representing 19,000 members of staff.

Let's block ads! (Why?)

Read this on Skynews
  Contact Us
  World News Guru ( Global Ads Media Project )

1408 S Wester Ave Marion Indiana 46953 USA

Tel : +1 765 200 0323
Mail : [email protected]
Business Hours : 6:30 - 00:30

  Follow Us
Site Map
Show site map

World News Guru is completely free and offers a broad range of media content from a varied and extensive range of sources. A global leader in online news, World News Guru Network presents news from more than 750 reputable sources including mainstream providers BBC, CNN, Reuters, Washington Post, The New York Times etc to more regional and localized sources. We deliver unparalleled coverage on a vast range of subjects. This provides users with a variety of perspectives and different interpretations on breaking news events.