Dominic Chappell, Island Harbour’s ex-owner, convicted in BHS case

The four-day trial of Dominic Chappell, who previously owned Island Harbour, has ended in him being convicted in BHS Pensions case. His legal team labelled it a “show trial.”

Courtroom gavel

Dominic Chappell, the former owner of Island Harbour, has been convicted of failing three times to give information to The Pensions Regulator over BHS’s pension schemes.

Mr Chappell was the owner of the company (Retail Acquisitions) that bought BHS from Philip Green for £1 in 2015.

Found guilty
Following a four day trial at Brighton Magistrates Court, Chappell was found guilty today (Thursday) of failing to provide information about the pension schemes (which had 19,000 members) to The Pensions Regulator.

The court heard Chappell’s defence lawyer say he was a man who had tried to save the firm (BHS), but was being made a scapegoat for the failings of others.

The prosecution accused him of making up his defence as he went along.

Poor record on the Island
Chappel was the former director of Island Harbour, which in 2008 went into administration reportedly owing £500,000 to creditors.

It was almost two years ago that staff at Isle of Wight BHS learnt about the company’s collapse. They all lost their jobs.

Source: Press Association

Image: joegratz under CC BY 2.0

Thursday, 11th January, 2018 7:55pm

By

ShortURL: http://wig.ht/2fWL

Filed under: Business, Island-wide, Isle of Wight News, Top story

Any views or opinions presented in the comments below are solely those of the author and do not represent those of OnTheWight.

Leave your Reply

2 Comments on "Dominic Chappell, Island Harbour’s ex-owner, convicted in BHS case"

Email updates?
Sort by:   newest | oldest | most voted
electrickery
These people (Green, Beardie, Maxwell before them) play with people’s lives like toys in a box, secure in the knowledge that they have to be really careless to get the law against them. Responsibility and accountability are ancient concepts with no place in modern business (nor government, for that matter). Of course, Green saw Chappell coming and cashed in. But where, you ask, are the regulators in… Read more »
bigj
Been convicted? – Another severe telling off and slap on the wrists to come for another wealthy bankrupt. Last Monday’s Panorama made for interesting viewing:- “Criminals and dishonest debtors are exploiting weaknesses in the bankruptcy system to keep hold of their assets and wealth, a BBC investigation has revealed. The BBC team found former millionaires enjoying lavish lifestyles, seemingly untouched by insolvency. Convicted fraudster Barry Hughes, who… Read more »