Major investor Kiltearn has sent evidence to committees holding inquiry into contractor’s collapseA major investment firm that owned 10% of Carillion has told MPs it considered suing the the collapsed government contractor over suspicions that directors knew it was in difficulty earlier than they admitted in public.
Kiltearn Partners says it “considered participation in civil legal action against Carillion with a view to recovering a proportion of its clients’ crystallised losses” following its profits warning final summer.
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Source: guardian.co.uk