The pensions lifeboat that was BHSs biggest creditor when it collapsed into administration is demanding the companys imminent liquidation in a bid to accelerate investigations into former directors.
Sky News has learnt that the Pension Protection Fund (PPF), which has taken on responsibility for paying retirement benefits to thousands of former BHS employees, has told the retailer’s joint administrators that it wants them to begin liquidating the remaining entities by the end of the month.
The PPF’s demand is aimed at speeding up a probe into BHS’s former directors and shareholders, including Dominic Chappell, who spearheaded the high street chain’s purchase from Sir Philip Green last year.
BHS’s subsequent collapse -…
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