ao link
Reward Strategy homepage

Intelligence, community and recognition for pay and reward professionals.

Dominic Chappell has shown a “complete lack of remorse”

The director and majority shareholder of the company that bought BHS for £1 has been ordered to pay more than £124,000 for failing to hand over information to The Pensions Regulator (TPR).

TwitterLinkedInFacebook
TPR’s separate anti-avoidance action against Chappell continues
TPR’s separate anti-avoidance action against Chappell continues

Dominic Chappell failed to provide information that TPR had required him to supply as part of its investigation into the sale and then collapse of BHS, using powers under section 72 of the Pensions Act 2004.

 

He also failed to provide TPR with information about a possible unauthorised disclosure of restricted material.

 

Chappell was first convicted of the offences in January. He appealed against both the conviction and sentence, but after losing his appeal at Hove Crown Court he was ordered to appear in court again (14 December) to be sentenced for the second time.

 

Ordering Chappell to pay a £50,000 fine, £73,900 costs and a £170 victim surcharge, Judge Christine Henson QC said that his appeal was “completely without merit” and that he had shown a “complete lack of remorse” for his behaviour.

 

She said: “It was persistent. It was deliberate. It was a blatant refusal to comply with the requests.

 

“His refusal to comply with the section 72 requests caused significant delay to TPR’s task. It made their work significantly more difficult.”

 

Nicola Parish, TPR’s executive director of frontline regulation, said: “Dominic Chappell has consistently refused to provide the information about the sale of BHS that we demanded, despite the courts being clear that he should provide it.

 

“His repeated claims that he does not have to give us what we have been seeking have now been rejected by two different courts.

 

“Information notices are a vital investigative tool for us. As this case shows, if you ignore them you are committing a crime and should expect to be prosecuted.”

 

TPR’s separate anti-avoidance action against Chappell in respect of the BHS pension schemes is continuing.

TwitterLinkedInFacebook
Add New Comment
You must be logged in to comment. Login or Register to access enhanced features of the website.

LATEST PAYROLL AND REWARDS NEWS IN YOUR INBOX

Reward Strategy homepage
Reward Strategy RSS

Did you find our website useful?

Thank you for your input

Thank you for your feedback

Member of
PPA Logo

reward-strategy.com - an online news and information service for the UK’s payroll, reward, pensions, benefits and HR sectors. reward-strategy.com is published by Shard Financial Media Limited, registered in England & Wales as 5481132, 1-2 Paris Garden, London, SE1 8ND. All rights reserved. Reward Strategy is committed to diversity in the workplace. Copyright © Shard Financial Media Ltd.

We use cookies so we can provide you with the best online experience. By continuing to browse this site you are agreeing to our use of cookies. Click on the banner to find out more.
Cookie Settings