Lawyers representing the directors of Taveta Investments, including Sir Philip Green, have hit out at the “bizarre” findings of the report into the collapse of BHS.
Leading barristers Lord Pannick and Michael Todd have reviewed the inquiry held jointly by the work and pensions select committee and the business select committee earlier this year.
The hearing, led by MPs Frank Field and Iain Wright, called Green “the unacceptable face of capitalism”.
Pannick and Todd have now hit back at the report, calling its key findings “bizarre” and “unsupportable”.
They claim it contains factual errors. For example, they argue that the main causes of the BHS pension deficit were the increasing longevity of the scheme’s members and the global financial crisis in 2008 - not the behaviour of Green, as the MPs suggested.
It comes as MPs gear up to debate the report, and whether Green should be stripped of his knighthood, on Thursday.