10-year ban for ex-BHS director Dominic Chappell

Former BHS director Dominic Chappell has been disqualified for 10 years, and his father given a five-year ban, following an Insolvency Service investigation into a series of financial dealings involving the retail chain

Ex-racing driver Chappell bought BHS for £1 from owner Sir Philip Green in 2015. The business collapsed into administration a year later, leading to a number of inquiries into the nature of the deal, the fate of the company’s pension scheme and the role of its auditors, PwC.

During the hearing the court heard that, while a director of BHS Ltd, Chappell wrongfully diverted £1.5m of funds from BHS Ltd to a company based in Sweden. The transaction took place one day after the potential appointment of an administrator for BHS Ltd had been discussed by the board of directors.