Saturday, February 23, 2019

MPs request Mike Ashley to provide evidence on BHS


Just days after attending his own hearing on Sports Direct, Mike Ashley has been invited by MPs to provide evidence on the collapse of BHS.

Ashley will not need to attend a parliamentary meeting but is required to give a written account of his involvement and knowledge on the department store chain’s demise.

Dominic Chappell, former owner of BHS, introduced Ashley into the mix when he announced that he had tried to arrange a rescue deal with the Sports Direct Boss before the chain fell into administration. Chappell stated that Sir Philip Green had blocked this from materialising.

The Retail Acquisitions Boss noted “Philip went absolutely crazy, screaming and shouting down the phone that he didn’t want to get involved with Mike Ashley”.

Green, however, denied having any knowledge of the proposed deal; “unaware of any bid interest by Mike Ashley”.

When asked in his own hearing at the beginning of the week whether he wanted to buy BHS, Ashley exclaimed “100% yes”.

The Arcadia Boss appears to be on unstable ground and is at risk of losing his knighthood as a result of his BHS activity. Green will attend his own hearing on the BHS collapse next week to clarify his actions.