Carillion collapse reaches final chapter as watchdog hands out fresh sanctions
Regulatory action linked to the collapse of Carillion has moved closer to its conclusion, with the Financial Reporting Council (FRC) issuing new penalties against two of the contractor’s former finance directors.
The latest sanctions relate to Richard Adam, Carillion’s finance director between 2007 and 2016, and his successor Zafar Khan, marking one of the final major outcomes in a long-running series of investigations following the contractor’s collapse in January 2018.
The FRC said both men acted “recklessly” and fai... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
