Former Island Harbour director Dominic Chappell to be prosecuted following BHS purchase

Andrew Cummings
August 23, 2017

RAL bought BHS from Arcadia, a conglomerate owned by Sir Philip Green, in 2015.

Mr Chappell has been summoned to appear at Brighton magistrates' court on September 20 to face three charges of neglecting or refusing to provide information and documents without a reasonable excuse.

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The Pensions Regulator is now prosecuting Chappell for failing to comply with three notices issued under Section 72 of the Pensions Act 2004.

Lib Dem Alistair Carmichael said: 'No prosecution will give back the jobs of 11,000 people who Philip Green effectively put on the dole by passing the company on to Mr Chappell.

A senior MP has hit out the failure to pursue Sir Philip Green over the collapse of high street chain BHS, after the Pensions Regulator announced it would prosecute the man he sold it to.

Mr Chappell was arrested by tax officers in November past year amid claims that his investment vehicle, Swiss Rock, owed the Revenue more than £500,000 in unpaid corporation tax and Vat.

The Serious Fraud Office and the Insolvency Service are also investigating BHS's demise.

Dominic Chappell was behind the Island Harbour Marina development. It has the power to ban anyone from being a company director in the UK.

The regulator has previously said Green's "main purpose" in selling BHS was to avoid being liable for the pensions deficit. "Our investigation into BHS is ongoing and we will continue to work closely with other interested regulators".

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