Phillip Green

[scawsby steve]

Notice I've left out the "Sir"?. So he's the business man who's tried to buy silence after being accused of racist abuse and sexual harassment; surprise surprise.

What on earth does this creep have to do to lose his knighthood?.

All I say is "well done Lord Hain", for blowing the whistle on him.

[Glyn_Wigley]

Notice I've left out the "Sir"?. So he's the business man who's tried to buy silence after being accused of racist abuse and sexual harassment; surprise surprise.

What on earth does this creep have to do to lose his knighthood?.

All I say is "well done Lord Hain", for blowing the whistle on him.

Die.

[big fat yorkshire pudding]

Forget the accusations, it's an intriguing debate on parliamentary privilege, one which I can't quite make my mind up on.

[SydneyRover]

Green tried to get away with screwing over the BHS pension scheme, I'm still unsure if he paid the full amount back in. Maybe it's time that private pension schemes were centralised and everyone paid into a government backed and regulated fund, where companies are dealt with if they do not pay in on time.

[scawsby steve]

Green tried to get away with screwing over the BHS pension scheme, I'm still unsure if he paid the full amount back in. Maybe it's time that private pension schemes were centralised and everyone paid into a government backed and regulated fund, where companies are dealt with if they do not pay in on time.

No he didn't pay the full amount back SR; from the £571 million he took out , I believe he paid back around £320 million.

[Glyn_Wigley]

Forget the accusations, it's an intriguing debate on parliamentary privilege, one which I can't quite make my mind up on.

Well, to me the real anomaly is that now Hain has named him in Parliament, the media can now report that he said it was Green...apart from the Telegraph, who have done all the spadework but are still subject to the injunction!

EDIT: I see the Telegraph has named him this morning. I was going on a an interview with someone from the DT about an hour after Hain spoke, who said that they couldn't name him but that they were going to talk to the lawyers. Looks like they found a way round it.

[Jenny]

Green tried to get away with screwing over the BHS pension scheme, I'm still unsure if he paid the full amount back in. Maybe it's time that private pension schemes were centralised and everyone paid into a government backed and regulated fund, where companies are dealt with if they do not pay in on time.

No he didn't pay the full amount back SR; from the £571 million he took out , I believe he paid back around £320 million.

He paid back £363m.

[SydneyRover]

Green tried to get away with screwing over the BHS pension scheme, I'm still unsure if he paid the full amount back in. Maybe it's time that private pension schemes were centralised and everyone paid into a government backed and regulated fund, where companies are dealt with if they do not pay in on time.

No he didn't pay the full amount back SR; from the £571 million he took out , I believe he paid back around £320 million.

He paid back £363m.

This I do not get, if hasn't paid the full amount to the fund on time then the guy is a crook, how come he gets to pay a discounted amount? he should have to pay the full amount plus a penalty and a further amount to cover any lost interest. If you or I defrauded anyone we would likely be in jail.

[scawsby steve]

Green tried to get away with screwing over the BHS pension scheme, I'm still unsure if he paid the full amount back in. Maybe it's time that private pension schemes were centralised and everyone paid into a government backed and regulated fund, where companies are dealt with if they do not pay in on time.

No he didn't pay the full amount back SR; from the £571 million he took out , I believe he paid back around £320 million.

He paid back £363m.

Thanks Jenny; still well short. The guy's a crook; as SR said, he should be in jail.

[Jenny]

It’s not defrauding anyone. Do you understand how defined pension schemes work? Do you know how many there are in the country that failed or are failing?

He didn’t have to pay anything, but he paid £363m. There are plenty of schemes that have fallen down and the company owners haven’t made any kind of contribution.

[scawsby steve]

It’s not defrauding anyone. Do you understand how defined pension schemes work? Do you know how many there are in the country that failed or are failing?

He didn’t have to pay anything, but he paid £363m. There are plenty of schemes that have fallen down and the company owners haven’t made any kind of contribution.

He paid it because he'd become one of the most hated people in Britain; he's a horrible, arrogant, greedy cretin, who'll get everything that's coming to him.

[drfchound]

He also has a very good legal team mate.

[scawsby steve]

He also has a very good legal team mate.

That's right Hound, but they couldn't prevent Hain from blowing the whistle on him.

[SydneyRover]

This is exactly what parliamentary privilege is for to stop those with privilege and money using it to buy their way out of trouble an avenue not available to most.

[SydneyRover]

It’s not defrauding anyone. Do you understand how defined pension schemes work? Do you know how many there are in the country that failed or are failing?

He didn’t have to pay anything, but he paid £363m. There are plenty of schemes that have fallen down and the company owners haven’t made any kind of contribution.

If this is not dishonesty I don't know what is!

pension fund collapsed while Sir Philip Green made £307 million

https://www.businessinsider.com.au/sir-philip-green-bhs-pension-fund-2016-7?r=UK&IR=T

[Not Now Kato]

The real reason Philip Green got staff to sign NDA's...............
 
https://www.thedailymash.co.uk/news/business/i-only-made-staff-sign-non-disclosure-agreements-because-i-am-too-nice-says-green-20181026178729
 
 

[bpoolrover]

At the moment he is innocent so no at the minute he shouldn't lose his knighthood,him getting it in the first place is a different thing

[ravenrover]

It was only banter, he now says
Ah, that's OK then!

[Glyn_Wigley]

It was only banter, he now says
Ah, that's OK then!

In that case I'm sure he'll be happy to release all those who have had to sign a NDA from the restrictions!

[drfchound]

At the moment he is innocent so no at the minute he shouldn't lose his knighthood,him getting it in the first place is a different thing

Surely you mean not proven guilty.

[bpoolrover]

not much difference really is there

[drfchound]

Apparently there is.

[SydneyRover]

At the moment he is innocent so no at the minute he shouldn't lose his knighthood,him getting it in the first place is a different thing

Surely you mean not proven guilty.

Knighthoods belong in the past they are arcane, meaningless with about the same cred as sainthoods. Green should have lost the one he has due to his management of the bhs pensions debacle and should have had to pay up, penalised and lost his title.

Why would anyone pay millions to cover up false, erroneous or misunderstood allegations? Put up or shut up Green, show us what you were desperate to hide, and why did you lie and say the nda was not about you?

[bpoolrover]

I don't know but many rich folk
Seem to, Michael Jackson was 1 paid lots of money out to keep quiet then gets found not guilty, the nda should be banned that might help solve the problem or at least ban them in certain areas
A

[Glyn_Wigley]

NDAs have their uses, such as commercial confidentiality. But it they should not be allowed to apply in cases where there is any potentially illegal activity being hidden.

[SydneyRover]

NDAs have their uses, such as commercial confidentiality. But it they should not be allowed to apply in cases where there is any potentially illegal activity being hidden.

Unsure about this but don't confidentiality agreement/contracts cover this?

[big fat yorkshire pudding]

NDAs have their uses, such as commercial confidentiality. But it they should not be allowed to apply in cases where there is any potentially illegal activity being hidden.

It is an agreement between persons though - the other person doesn't have to sign it they choose to (no doubt with substantial financial settlement).  Also the possibility that they aren't actually true allegations - often better to cover up an allegation as the publicity of an allegation that is false is the same as it being true.  Let's say Green did nothing wrong (I doubt it), would anyone give him that chance given the witch-hunt against him?

NDA's are used very widely though particularly in large organisations.

[Not Now Kato]

NDAs have their uses, such as commercial confidentiality. But it they should not be allowed to apply in cases where there is any potentially illegal activity being hidden.

Unsure about this but don't confidentiality agreement/contracts cover this?

Indeed they do, well at least in all the contract's I've negotiated.

[Glyn_Wigley]

NDAs have their uses, such as commercial confidentiality. But it they should not be allowed to apply in cases where there is any potentially illegal activity being hidden.

It is an agreement between persons though - the other person doesn't have to sign it they choose to (no doubt with substantial financial settlement).  Also the possibility that they aren't actually true allegations - often better to cover up an allegation as the publicity of an allegation that is false is the same as it being true.  Let's say Green did nothing wrong (I doubt it), would anyone give him that chance given the witch-hunt against him?

NDA's are used very widely though particularly in large organisations.

Contracts cannot overrule the Law. It might stipulate that a subject cannot be talked about in the media etc., but it should stop anyone from being able to take it to the police or other authority for them to investigate.