Chappell handed £124,000 penalty for 'deliberate' inaction in BHS probe

The three-time bankrupt, who bought BHS from Sir Philip Green for £1 in March 2016, had failed on three occasions to meet The Pensions Regulator's (TPR) demand for information about the sale of BHS and the impact on its pension schemes. In a new sentencing at Hove Crown Court on Friday (14 December), Chappell's inaction in the face of section 72 notices was described by the presiding judge as "persistent", "deliberate" and a "blatant refusal to comply". In February, Chappell was initially ordered to pay £87,100 for the failure to respond, but an unsuccessful appeal in September led to...