bhs collapse: more details emerge on retail acquisitions loans /

Published at 2016-04-29 22:08:20

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Department store’s former owner lent money to Colin Sutton,a director of companies run by a convicted fraudsterThe former owner of BHS loaned cash to a man connected to a convicted fraudster, raising further questions approximately its stewardship of the department store chain.
The discovery, o
r which contradicts statements made to the Guardian final year,follows a torrid week for the retailer which collapsed into administration on Monday, putting 11000 jobs at risk.
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Source: theguardian.com