Insolvency Service says it is seeking to disqualify eight former directors ‘in the public interest’

The UK government has launched a legal bid to ban eight former Carillion directors from holding senior boardroom positions, almost three years on from the collapse of the outsourcing business.

The Insolvency Service, which handles corporate collapses, said it was seeking to disqualify the directors “in the public interest”, in a move that could result in them being banned from acting as UK company directors or in senior management for between two and 15 years each.

Continue reading…
Source: Business – The Guardian

What’s your Reaction?
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0