Asda co-owner risks contempt charge over ‘misleading’ Parliament accusation

Asda
GroceryNews

Asda co-owner Mohsin Issa has been threatened with a contempt charge after being accused of “misleading” Parliament.

Issa is facing the threat after he submitted evidence to the business and trade Committee that reportedly held inaccuracies, according to The Telegraph.

An Asda spokesman claimed the incorrect information was given to the committee in “error”.

In a letter sent to the billionaire on 13th November, the committee’s chair Liam Byrne said: “I am disappointed to have to point out to you that submitting inaccurate information to a select committee is tantamount to misleading the House of Commons and this is prima facie a contempt of Parliament, which is a very serious matter.

“I should add that any contempt of Parliament is significantly compounded by the fact that you have seen fit not to inform the committee itself of the errors in your letter – leaving us to find out about this matter from a newspaper report”.

The politician also repeated concerns over Asda’s complex business structure, and said Issa must give further clarity on the supermarket’s ownership before the end of November.


Subscribe to Retail Gazette for free

Sign up here to get the latest news straight into your inbox each morning 


A spokesman for the grocery giant said: “We have received the committee’s letter dated 13th November and are responding to them”.

Last month, the Issa brothers admitted to providing inaccurate information to MPs about the intricate offshore ownership structure known as “Bellis” that they established for Asda, following their £6.8bn acquisition in 2021.

The pair also recently denied taking money out of the supermarket, as they defended the the retailer’s complex ownership structure.

Click here to sign up to Retail Gazette‘s free daily email newsletter

GroceryNews

1 Comment. Leave new

  • J 2 years ago

    Are they stripping the company dry ??

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

GroceryNews

Share:

Asda co-owner risks contempt charge over ‘misleading’ Parliament accusation

Asda

Social


SUBSCRIBE TO OUR DAILY NEWSLETTER

  • This field is for validation purposes and should be left unchanged.

Most Read

Asda co-owner Mohsin Issa has been threatened with a contempt charge after being accused of “misleading” Parliament.

Issa is facing the threat after he submitted evidence to the business and trade Committee that reportedly held inaccuracies, according to The Telegraph.

An Asda spokesman claimed the incorrect information was given to the committee in “error”.

In a letter sent to the billionaire on 13th November, the committee’s chair Liam Byrne said: “I am disappointed to have to point out to you that submitting inaccurate information to a select committee is tantamount to misleading the House of Commons and this is prima facie a contempt of Parliament, which is a very serious matter.

“I should add that any contempt of Parliament is significantly compounded by the fact that you have seen fit not to inform the committee itself of the errors in your letter – leaving us to find out about this matter from a newspaper report”.

The politician also repeated concerns over Asda’s complex business structure, and said Issa must give further clarity on the supermarket’s ownership before the end of November.


Subscribe to Retail Gazette for free

Sign up here to get the latest news straight into your inbox each morning 


A spokesman for the grocery giant said: “We have received the committee’s letter dated 13th November and are responding to them”.

Last month, the Issa brothers admitted to providing inaccurate information to MPs about the intricate offshore ownership structure known as “Bellis” that they established for Asda, following their £6.8bn acquisition in 2021.

The pair also recently denied taking money out of the supermarket, as they defended the the retailer’s complex ownership structure.

Click here to sign up to Retail Gazette‘s free daily email newsletter

GroceryNews

1 Comment. Leave new

  • J 2 years ago

    Are they stripping the company dry ??

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

RELATED STORIES

Most Read

Latest Feature


Menu


Close popup

Please enter the verification code sent to your email: