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Ex-BHS owner Dominic Chappell faces ban for 15 years

by March 27, 2018

written by 27^th Mar 18 2:10 pm

BREAKING NEWS

In a major blow to Dominic Chappell, the former owner of BHS now faces a ban for up to 15 years from serving as a company director following an investigation into the retailer’s collapse.

The government’s Insolvency Service has reportedly written to Chappell confirming the development.

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A spokesperson for the Insolvency Service said: “We can confirm the Insolvency Service has written to Dominic Chappell and three other former directors of BHS and connected companies informing them that we intend to bring proceedings to have them disqualified from running or controlling companies for periods up to 15 years.

We can also confirm that we have written to Sir Philip Green, also a former director of BHS, informing him that we do not currently intend bring disqualification proceedings against him.

As this matter may now be tested in the Court it is not appropriate to comment further.”

Chappell had bought the department store chain for £1 from Sir Philip Green in March 2015.