Trial of Carillion Chair and CEO Cancelled
A trial involving the former Carillion Chair and interim CEO has been cancelled by the Insolvency Service, as proceedings are “no longer in the public...
Read Full ArticleRichard Howson, former CEO of the now-defunct FM company Carillion, has been banned from holding directorship roles for eight years.
The charge relates to Richard’s conduct when he was director of Carillion Plc between 2011 and 2017, and his role in falsifying the deterioration of major construction contracts and false accounting which overstated profit levels.
Carillion was a British construction and FM services company based in Wolverhampton, which was put into liquidation in 2018 after revelations about its financial difficulties. The liquidation caused huge project delays nationally and abroad, and over 3,000 redundancies within Carillion.
Litigation against other board members is ongoing, with a trial set to commence the week of 16 October 2023.
Picture: a photograph of a smartphone, showing Carillion's logo. Image Credit: Shutterstock.
Article written by Ella Tansley | Published 06 October 2023
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