The former boss of failed outsourcing and construction company, Carillion has been banned by the Insolvency Service from leading a business for 8 years.
Richard Howson, who was the Chief Executive Officer of Carillion Plc until 10th July 2017, Carillion collapsed in January 2018 amid debts worth £7 billion, leaving a string of projects in its wake across the UK.
The company, which led the construction of the £188 million Library of Birmingham which opened in 2013, was working on Royal Liverpool University Hospital and the Midland Metropolitan Hospital in Smethwick at the time of its collapse.
An Insolvency Service spokesperson said “The Insolvency Service, acting on behalf of the Secretary of State for Business and Trade, has accepted a disqualification undertaking from Richard Howson for 8 years for his conduct as a director of Carillion Plc.”
“This follows the disqualification undertakings the Insolvency Service accepted from Zafar Khan on 29 June 2023 and from Richard Adam on 13 July 2023. As the litigation against the remaining directors is ongoing, with a trial set to commence the week of 16 October 2023, we are unable to comment any further.”