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| Dominic Chappell: Former BHS owner found guilty following pension scandal | Dominic Chappell: Former BHS owner found guilty following pension scandal |
| (35 minutes later) | |
| Former BHS owner Dominic Chappell has been found guilty of failing to provide information about the state of a pension fund after the high street retailer collapsed in 2016. | Former BHS owner Dominic Chappell has been found guilty of failing to provide information about the state of a pension fund after the high street retailer collapsed in 2016. |
| The self-described entrepreneur had claimed he did "everything and more" to help The Pensions Regulator (TPR) but was convicted of three charges under the Pensions Act 2004 after a four-day trial. | The self-described entrepreneur had claimed he did "everything and more" to help The Pensions Regulator (TPR) but was convicted of three charges under the Pensions Act 2004 after a four-day trial. |
| During the course of the proceedings at Brighton Magistrates' Court the 51-year-old, who confirmed ahead of the verdict that he would appeal any conviction, was described by his defence lawyer as a "scapegoat" in the wake of the chain folding. | During the course of the proceedings at Brighton Magistrates' Court the 51-year-old, who confirmed ahead of the verdict that he would appeal any conviction, was described by his defence lawyer as a "scapegoat" in the wake of the chain folding. |
| But he was found to have had no reasonable excuse for not providing the information requested by TPR, with the prosecution suggesting he had been "making up the defence as he goes along". | But he was found to have had no reasonable excuse for not providing the information requested by TPR, with the prosecution suggesting he had been "making up the defence as he goes along". |
| Chappell had been requested to provide information to TPR under the Pensions Act on two occasions in April and May 2016 and a third time in February 2017. | |
| The third charge related to a request by TPR for information about an alleged leak of information from a confidential "warning notice" sent out in November 2016. | |
| While there have been successful prosecutions brought in the past, including one woman who was tried in her absence, Chappell is the first person to be convicted after denying such an offence at trial, the TPR said. | |
| Chappell, of Clenston Manor, near Blandford Forum in Dorset, was the director of Retail Acquisitions, the company that acquired BHS for £1 from billionaire Sir Philip Green in 2015. | |
| The business went into administration in April 2016, leaving a £571 million pension deficit. Sir Philip later agreed to pay £363 million towards it. | |
| More follows… | More follows… |