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Paul Sutton accuses Dominic Chappell of ‘bleeding BHS dry’

Retail Acquisitions boss Dominic Chappell has reportedly been accused of “bleeding BHS dry” by Paul Sutton.

Sutton, an entrepreneur and convicted fraudster, who had tried to buy the retailer, told The Guardian Chappell had done “incredible damage” to the chain, which collapsed in April with the loss of 11,000 jobs.

BHS administrator Duff & Phelps is seeking an order to wind up Retail Acquisitions, as it wants to access its accounts and return money to BHS creditors.

The case in the High Court was adjourned on Monday after lawyers acting for Chappell submitted evidence against the order, according to the newspaper.

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