
Richard Howson (former CEO of Carillion)
Okay, so this nom isn’t all that sexy, or even interesting to be perfectly honest, but here goes.
Howson was the CEO of Carillion – a construction company – between 2011 and the company’s demise in 2017 before going into full liquidation in early 2018 owing creditors shitloads of money it never had.
Under his watch he has been accused of falsifying, misleading, lying, fiddling – whatever you want to call it – of fucking about with the company accounts during his term of office.
The Insolvency Service (acting on behalf of the Secretary of State for Business and Trade), investigated the company’s demise and concluded that Howson should be banned from being a director for 8 years!
Now what I find particularly galling is that not only did he fuck over his creditors (who will see next to nothing of getting their money back), but this cunt basically defrauded everyone connected with the company both internally and externally and yet only ends up with some stupid ban!
And yet in the real world if you don’t pay your TV licence, or pay a fine, or try to defraud HMRC or the Benefits people, you could face a prison sentence. So WTF isn’t this shithead facing a few years behind bars?
Moreover, how is it fair for companies deep in debt to go into voluntary liquidation and have their debts wiped from the slate and the CEOs and directors can walk away facing only a short-term ban but still have some of those “missing millions” stashed away in some off-shore account!
Perhaps members of ISAC should become directors of some made-up construction company called Cuntrillion, fool customers into handing over shedloads of money, pretend we’ll do some work, and then call in the administrators, but not before redirecting all that cash to some off-shore bank in the Cayman Islands.The worst that could happen is a ban from being a director. But think of all that lovely money!
Anyway, Howson is a complete cunt, but will be laughing all the way to the bank at such a trivial “sentence”
Business Desk
Nominated by: Technocunt
Additional Link provided by: Komodo
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