ChatterBank1 min ago
B H S To Be Wound Down As Rescue Bid Fails
http:// www.bbc .co.uk/ news/bu siness- 3643744 5
I hope the Commons Select Committee gets to the bottom of this, especially
why Green took out huge sums of money in the form of dividends, at the same time as a massive black hole was appearing in the Pension Scheme.
Could there be a connection ?
I hope the Commons Select Committee gets to the bottom of this, especially
why Green took out huge sums of money in the form of dividends, at the same time as a massive black hole was appearing in the Pension Scheme.
Could there be a connection ?
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For more on marking an answer as the "Best Answer", please visit our FAQ.The Commons Select Committee may well get to the bottom of it (i.e. why Mr Green paid out the company’s entire profits for five years and some more besides in the form of dividends, principally to his wife) but I doubt it. But even if they do, nothing will come of it. I don’t even know why they have involved themselves. Parliamentary committees were set up to enquire into the conduct of government departments. The Committees have no powers in such matters other than making politicians feel good. The matter should be investigated by the police.
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