Connaught Plc unfair liquidisation

Connaught Partnerships are being liquidated by company KPMG whist they owe millions to employees, sub contractors and supplier, they directors that failed the company through dis-honest accounting have been allowed to keep their fortunes.

As well as this arms of the company are still running, the effect of Connaught’s administration and the way in which it has been dealt with allowing administrators to take excessive  amounts from the liquidation has meant that realistically thousands of businesses and people will loose the business home and more.

This is not on, this petition is to call for the whole process to be reviewed and ensure that the employees, sub-contractors and suppliers receive what they are owed. Even if this is by taking the directors goods and liquidising as criminal compensation, and draining the profits from the other arms of
Connaught.

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  • username

    ivy, United Kingdom

    4 years ago Comments: This shouldnt be allowed, there should be crimal charges brought against the chairman and director, there is no 2 ways about it it is fraud.
  • username

    Ross Jackman, United Kingdom

    4 years ago Comments: Here here
  • username

    joanne jackman, United Kingdom

    4 years ago Comments: we could loose a business trading for 6 years because of this, i notice on the wind up papers the administrators are taking in excess of £22 million. JOKE. I agree this should be looked in to

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