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Thomas Cook bosses face scrutiny

September 25, 2019 00:00:00


Thomas Cook's bosses will face scrutiny as part of an investigation into the tour operator's collapse, reports BBC.

Business secretary Andrea Leadsom asked the official receiver, which oversees liquidations, to look at whether bosses' actions "caused detriment to creditors or to the pension schemes".

The request came amid criticism over executive salaries at the firm.

Top directors at the holiday company have been paid a combined £20m in salaries and bonuses since 2014.

Prime Minister Boris Johnson questioned whether directors should pay themselves "large sums of money" as their businesses go "down the tubes".

Mrs Leadsom said the official receiver's inquiry would look into the conduct of the firm's top directors.


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