Bye Bye BHS and Austin Reed?

[Halb]

pound?

[Smiler.]

PwC partner banned for 15 years over BHS audit

Telegraph said:

A former partner at PwC has been banned from audit work for 15 years and hit with a half a million pound fine over his auditing of BHS’s accounts before it was sold by Sir Philip Green for £1.

Steve Denison was slapped with the fine by the Financial Reporting Council (FRC) in relation to the standard of the collapsed retailer’s audit for the year to Aug 30 2014.

PwC was also hit with a record £10m penalty over the inquiry. This is biggest sanction ­imposed by the accountancy regulator in its history. Both PwC and Mr Denison had their penalties reduced, to £6.5m and £325,000 respectively, after agreeing to settle early.

Fines?

How is someone not in prison?

Pure Momentum fuel.

[Oakey]

Which they can pay for out of their fees earned from dealing with Carillion. What a circle jerk.

[BlackLabel]

"The man who bought BHS for £1 must pay £124,000 for not providing documents about the collapsed department store's pension schemes, a judge has ruled.

The Pensions Regulator (TPR) asked Dominic Chappell three times for data about the sale and failure of BHS.

Mr Chappell failed in his appeal against his conviction from January and was sentenced again at Hove Crown Court today."

https://www.bbc.co.uk/news/business-46569731

[anonymous-user]

I wonder if he wrote to the regulator in the same way Humphrey did in a similar case?

“However, the brewery owner, Humphrey Smith, 73, wrote back and dismissed the request as “tiresome”.

In his letter to TPR, he said: “We are in receipt of your tiresome letter and we are not prepared to divulge the information to your organisation.”

https://www.theguardian.com/lifeandstyle/2018/jul/...

[EddieSteadyGo]

BlackLabel said:

"The man who bought BHS for £1 must pay £124,000 for not providing documents about the collapsed department store's pension schemes, a judge has ruled.

The Pensions Regulator (TPR) asked Dominic Chappell three times for data about the sale and failure of BHS.

Mr Chappell failed in his appeal against his conviction from January and was sentenced again at Hove Crown Court today."

https://www.bbc.co.uk/news/business-46569731

That Chappell chap is such a chancer....

[BlackLabel]

“ Ex-BHS owner Dominic Chappell has been jailed for six years after evading tax on the £2.2million of income he made from a £1 deal to buy the failed high street chain off Philip Green.

Instead of paying the tax he knew was due, Chappell, 53, spent a fortune on a luxury lifestyle which included a £90,000 yacht, a Bentley Continental car, a Bahamas holiday and some expensive Beretta guns, Southwark Crown Court heard.”

https://www.dailymail.co.uk/news/article-8918123/F...

Edited by BlackLabel on Thursday 5th November 16:54

[over_the_hill]

BlackLabel said:

“ Ex-BHS owner Dominic Chappell has been jailed for six years after evading tax on the £2.2million of income he made from a £1 deal to buy the failed high street chain off Philip Green.

Instead of paying the tax he knew was due, Chappell, 53, spent a fortune on a luxury lifestyle which included a £90,000 yacht, a Bentley Continental car, a Bahamas holiday and some expensive Beretta guns, Southwark Crown Court heard.”

https://www.dailymail.co.uk/news/article-8918123/F...

Edited by BlackLabel on Thursday 5th November 16:54

What a Twonk
A Yacht of all things

[T6 vanman]

over_the_hill said:

BlackLabel said:

“ Ex-BHS owner Dominic Chappell has been jailed for six years after evading tax on the £2.2million of income he made from a £1 deal to buy the failed high street chain off Philip Green.

Instead of paying the tax he knew was due, Chappell, 53, spent a fortune on a luxury lifestyle which included a £90,000 yacht, a Bentley Continental car, a Bahamas holiday and some expensive Beretta guns, Southwark Crown Court heard.”

https://www.dailymail.co.uk/news/article-8918123/F...

Edited by BlackLabel on Thursday 5th November 16:54

What a Twonk
A Yacht of all things

At 90k it'd be more like a pedalo against Sir Philip Greens


As for 6yr's .....GOOD

[anonymoususer]

I'm surprised this hasnt received more comments actually

[anonymous-user]

Interesting that the crime wasn’t directly associated with the bhs company, but with his own company that seems to have been used specifically to siphon money into his bin

The amount owed to HMRC at the time the company went into liquidation was <£600k

So 6 years is quite a whack

https://find-and-update.company-information.servic...

[PurpleTurtle]

Deserves a decent stretch for insisting his name in pronounced ‘Shap-elle’

Alright Mr Chapel, whatever you say, cell at the end on the left, you floppy-haired prick.

[PeteinSQ]

T6 vanman said:

At 90k it'd be more like a pedalo against Sir Philip Greens


As for 6yr's .....GOOD

He was into yacht racing. One of his boats did the fastnet race.

https://www.sail-world.com/-156245/

[Thankyou4calling]

Makes me think of this fantastic scene- good luck on the Subway ride home to your ugly wife, I’m gonna have Heidi lick some caviar off my balls!

https://youtu.be/ojWbip26nQs

[EddieSteadyGo]

PurpleTurtle said:

Deserves a decent stretch for insisting his name in pronounced ‘Shap-elle’

Alright Mr Chapel, whatever you say, cell at the end on the left, you floppy-haired prick.

+1