Pensions Regulator to prosecute ex-BHS owner Dominic Chappell


The UK's Pensions Regulator (TPR) is to prosecute the owner of collapsed high street chain BHS for failing to provide information to its investigation.

When BHS was placed into administration past year, Sir Philip and Chappell were criticised by MPs and national media for their perceived roles in the collapse and the uncertainty surrounding the company's pension scheme.

Chappell has been summoned to appear at Brighton Magistrates" Court on 20 September 2017 "to face three charges of neglecting or refusing to provide information and documents, without a reasonable excuse'. The offence carries a potentially unlimited fine.

O'Reilly: Trump's Failure on Charlottesville Rooted in Nazi History
Lindsey Graham and Jeff Flake , among others. "Importantly, that has been the group that has been willing to negotiate". He's demeaned his crucial ally on Capitol Hill, Senate Majority Leader Mitch McConnell , and alienated Republican Sens.

Chappell's Retail Acquisitions Limited (RAL) vehicle bought BHS in 2015 from Sir Philip Green.

The Pensions Regulator's investigation into BHS has been reignited as it announces it intends to prosecute the majority shareholder of the company that purchased the retail giant. Billionaire Sir Philip, who faced a public outcry and a parliamentary inquiry, agreed to pay £363million to partially plug the retailer's £571million pension deficit.

Frank Field, chairman of parliament's Work and Pensions Committee which interrogated both Chappell and Green as witnesses over the retailer's collapse, suggested the regulator was "frightened of landing the whale".

Protests erupt in North Carolina over Confederate statues
North Carolina's flagship university has put metal barriers around a Confederate statue ahead of an expected rally on campus. The Confederate statue has been there for more than 100 years, to honor the Confederate soldiers from the university.

"Why was Sir Philip Green allowed to get away with an inadequate settlement, in which pensions have been cut, yet Dominic Chappell is going to be sued?"

BHS plunged into administration past year, impacting 11,000 jobs and around 19,000 pension holders, leaving a £571 million pension deficit.

RAL was put into liquidiation in May 2017.

Dead in Small Plane Crash At Oregon
The FAA and National Transportation Safety Board are investigating the crash and witnesses are being interviewed by officials. The small fire that resulted from the crash is no longer a threat to the area and no other property was damaged.