Retail billionaire Sir Philip Green has been savaged by MPs in a report into the collapse of department store BHS, which he owned from 2000 until March last year.
The Work and Pensions Committee and the Business, Innovation, and Skills Select Committee have been holding a joint inquiry into the collapse of BHS, which fell into administration in April. 11,000 jobs are set to be lost.
The committees joint report, published on Monday, accuses Sir Philip and Dominic Chappell, who bought BHS from Green for £1, of the systematic plunder of BHS, saying: Sir Philip Green, Dominic Chappell and the respective directors, advisers, and hangers-on who all got rich or richer are all culpable, with the only losers the ordinary e…
Read the full article at: http://www.businessinsider.com.au/bhs-inquiry-mps-report-accuses-sir-philip-green-and-dominic-chappell-of-systematic-plunder-2016-7