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Monday, 20 June 2016

Sir Philip Green questioned by MPs over BHS collapse

Sir Philip Green takes delivery of £46m private jet, says media report

There is a £571 million "hole" in the BHS pension fund.
Green has taken delivery of a Gulfstream G650ER, and a new super yacht, ( a four-storey 90-metre vessel built in Italy that is understood to have cost £100m).
Presumably, the pension holders of BHS are a little puzzled at Philip Green's latest additions to his fleet which already boasts, a speedboat, a helicopter and three yachts, to mention just a part of his transport collection.

Green’s family received hundreds of millions from BHS in dividends and rent.