Article 6CP6S Ex-Carillion finance chief given 11-year company director ban

Ex-Carillion finance chief given 11-year company director ban

by
Rob Davies
from World news | The Guardian on (#6CP6S)

Zafar Khan's disqualification comes more than five years after outsourcing firm's collapse

The former finance director of the collapsed outsourcing company Carillion has been banned from serving as a company director for 11 years over his role in the company dishing out dividends of more than 50m while misstating its financial position by more than 200m.

The outsourcer's implosion in 2018 was one of the most high-profile failures in British corporate history, costing 3,000 jobs and plunging 450 public sector projects, including hospitals, schools and prisons, into chaos.

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