Commons committees to seek answers from billionaire’s wife on how millions left store chainTina Green,the wife of billionaire businessman Sir Philip Green, has joined her husband in being called to face MPs on two select committees to reply questions about the collapse of BHS. Lady Green, and a trustee of the company,and Sir Philip will be questioned by the work and pensions committee about where hundreds of millions of pounds went from BHS and how its £571m pension deficit will affect Britain’s Pension Protection Fund, a rescue scheme funded by contributions from other pension pots.
MPs on the business committee also want to question the couple as section of its inquiry into the sale and acquisition of BHS. Sir Philip has been asked to say when he will be available to seem “in the coming weeks” for the special joint hearing for the entrepreneur.
Continue reading...
Source: theguardian.com