Business Secretary Greg Clark has ordered the Insolvency Service to fast-track and broaden its probe into the actions of Carillion’s past and present directors.
This means the Official Receiver’s investigation will consider whether those who are, or were previously directors of the company may have caused detriment to those owed money, including workers and businesses affected.
The Business Secretary has also written to the chairman of the Financial Reporting Council, Sir Win Bischoff, and asked it to conduct an investigation into the preparation of Carillion’s accounts past and present, as well as the company’s auditors KPMG.
Clark said: “It is important we quickly get the full picture of the events which caused Carillion to enter liquidation, which is why I have asked the Insolvency Service to fast-track and broaden the scope of the Official Receiver’s investigation.
“In particular, I have asked that the investigation looks not only at the conduct of the directors at the point of its insolvency, but also of any individuals who were previously directors. Any evidence of misconduct will be taken very seriously.”
The business secretary also chaired a meeting yesterday with leading business and construction trade bodies, representing Carillion’s sub-contractors including representatives from the construction sector.
- British Constructional Steelwork Association
- Build UK
- Building Engineering Services Association
- Civil Engineering Contractors Association
- Construction Products Association
- Electrical Contractors’ Association
- Federation of Master Builders
- Specialist Engineering Contractors Group
from Construction Enquirer http://www.constructionenquirer.com/2018/01/16/government-fast-tracks-probe-into-carillion-directors/
via Tumblr http://ndbasilica.tumblr.com/post/169771292324
No comments:
Post a Comment