Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Dominic Chappell says he will ‘clear his name’ and buy back BHS

Dominic Chappell, boss of Retail Acquisitions who bought BHS for £1 in March last year, has said he will clear his name against allegations that he stripped £25m from the retailer and claims he is raising finance to buy the department store chain back.



BHS is sold by Sir Philip Green’s Arcadia for £1 to Retail Aquisitions

Chappell told The Daily Mail he will appear before a select committee of MPs to clear him of any wrong doing of the collapse of BHS, stating he only took money out of the firm to “pay for the wages of people like the chief executive.”

The former racing driver said he was in talks with backers from America, Canada and the UK to raise capital to buy BHS back, but he refused to say with who.

The select committee confirmed that Sir Philip Green will attend a hearing on the business’ sale and administration in June.


Readers' comments (2)

  • Where are all the psychotherapists when you need them?

    Unsuitable or offensive? Report this comment

  • Funniest thing I have read in some time.

    Unsuitable or offensive? Report this comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.