Sir Philip Green Blamed!
According to reports and MPs, Sir Philip Green, Chairman of Arcadia Group Stores
He and his hangers on have systematically plundered BHS.
Sir Philip gave his family 1.2 billion in 2005 from a loan taken out by Arcadia, and Set against the Profits. Also, he gives his wife Tina residing in the family home in Monaco, £millions annually , all tax free by the generosity of the British Government
He thinks nothing of spending 4 £million on Parties for himself and family.
He pays his Workers the minimum wage and in the Far East, pays Slave labours peanuts, to make clothes for his stores
The BHS Pension Fund has a huge hole of £571 million which means all his workers will get reduced Pensions and 11000 employees were made redundant after he sold BHS down the River for £1.00 to a Serial Bankrupt who had no knowledge of the Retail Trade.
He should make good this loss out of his £billions or go to jail.
Tony Blair toadied up to him and gave him a Knighthood when he was Prime Minister, for being successful in business and setting up Charities. Most British Businesses do the same… and pay taxes, but they get a ‘Kick up the Backside’ and no recognition, and if two weeks late paying VAT, as ‘unpaid collectors’ there is a huge fine, same with PAYE.
Maybe it was the lure of being invited to his Luxury Yacht on the Aegean Sea and basking in the sun,drinking Champagne, that Tony could not resist,
Then Cameron was ‘Blinded by the Light’ when he met Sir Shifty
He actually elected him to carry out a review on ‘Government Spending, Ha! Ha!
Well, he could have instructed us ‘How to legally avoid paying income Tax in the UK!
And which offshore accounts to put your money in.
Many MPs are calling for him to be stripped of his Knighthood as he has brought shame on this honour.
I don’t think he gives a stuff, he is now on his £10.000 million yacht with his Wife, Lady Greedy, manned by 28 staff.