The former bosses of Wilko are to be questioned by MPs to explain why there is a £50 million shortfall in the companies pension fund.
They will also be questioned as to why they lined their own pockets” and dished out “millions to shareholders” leaving the company in debt.
Chairwoman Lisa Wilkinson will be asked why her family had taken out millions in dividends even though Wilko was in debt.
“It’s only right Wilko bosses should be forced to explain themselves to MPs,” said Nadine Houghton, GMB national officer.
“They ignored all warnings about their company’s financial future – lining their own pockets and dishing out millions to shareholders before leaving 10,000 people jobless.
“Wilko workers deserve answers from the company that crushed their livelihoods, while UK taxpayers will want to know why they’ve had to pay millions in redundancy payments.
“Hopefully, the select committee will get those answers.”
Leave a Comment