FCA fines two former Carillion directors for misleading investors before collapse

Richard Adam and Zafar Khan knew about serious problems but failed to alert the market, UK regulator findsBusiness live – latest updatesThe UK’s financial regulator has fined two former executives at the government contractor Carillion for misleading investors before the construction company’s collapse eight years ago.Richard Adam and Zafar Khan knew about serious problems in the business but failed to alert investors, the board or the audit committee, the Financial Conduct Authority found. Continue reading...

FCA fines two former Carillion directors for misleading investors before collapse

Richard Adam and Zafar Khan knew about serious problems but failed to alert the market, UK regulator finds

The UK’s financial regulator has fined two former executives at the government contractor Carillion for misleading investors before the construction company’s collapse eight years ago.

Richard Adam and Zafar Khan knew about serious problems in the business but failed to alert investors, the board or the audit committee, the Financial Conduct Authority found. Continue reading...

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