The BHS scandal engulfing long-time Monaco resident Lady Tina Green and her husband Sir Philip, is showing no signs of going away.
The man who paid just one pound to buy the ailing but iconic UK high street chain from the Greens, Dominic Chappell, has been arrested on alleged tax offences. In addition to the tax authorities, the UK’s pension regulator is weighing taking action against both Chappell and Sir Philip over the 571 million pounds hole in the chain’s pensions pot, which has 20,000 members.
Sir Philip has previously said he will “sort” the pensions gap. The stores closed earlier this year with the loss of 11,000 jobs.