This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.bbc.co.uk/news/uk-england-cumbria-46180163
The article has changed 2 times. There is an RSS feed of changes available.
Previous version
1
Next version
Version 0 | Version 1 |
---|---|
Ex-Stobart boss denies improperly taking £5m in expenses | Ex-Stobart boss denies improperly taking £5m in expenses |
(1 day later) | |
The former boss of the Stobart Group has denied improperly taking £5m of "so-called expenses" amid court claims he had his "own interests at heart". | The former boss of the Stobart Group has denied improperly taking £5m of "so-called expenses" amid court claims he had his "own interests at heart". |
Andrew Tinkler was sacked as chief executive at the firm, which owns Carlisle and Southend airports, for alleged breach of contract in June. | |
The High Court heard he was trying to oust chairman Iain Ferguson. | The High Court heard he was trying to oust chairman Iain Ferguson. |
The court is considering whether Mr Tinkler - who denies any wrongdoing - was lawfully dismissed. | The court is considering whether Mr Tinkler - who denies any wrongdoing - was lawfully dismissed. |
The hearing was told Mr Tinkler, who was chief executive for 10 years, conspired with other businessmen to harm the company's interests. | The hearing was told Mr Tinkler, who was chief executive for 10 years, conspired with other businessmen to harm the company's interests. |
John Taylor QC, who leads Mr Tinkler's legal team, told Judge Jonathan Russen there was "no proper basis" for conspiracy allegations made by Stobart bosses. | John Taylor QC, who leads Mr Tinkler's legal team, told Judge Jonathan Russen there was "no proper basis" for conspiracy allegations made by Stobart bosses. |
He said allegations that Mr Tinkler had taken £5m of "so-called expenses" from the company in breach of fiduciary duties should "never have been brought". | He said allegations that Mr Tinkler had taken £5m of "so-called expenses" from the company in breach of fiduciary duties should "never have been brought". |
He added that claims of "excessive or unnecessary" helicopter use were made to provide "lurid headlines" in newspapers. | He added that claims of "excessive or unnecessary" helicopter use were made to provide "lurid headlines" in newspapers. |
Lawyers representing the Stobart Group told the court that board members had earlier this year learned Mr Tinkler had been talking to shareholders and "briefing against the board". | Lawyers representing the Stobart Group told the court that board members had earlier this year learned Mr Tinkler had been talking to shareholders and "briefing against the board". |
They claimed Mr Tinkler had used the words: "Either Mr Ferguson or me." | They claimed Mr Tinkler had used the words: "Either Mr Ferguson or me." |
Lawyers said he had spoken of having concerns about Mr Ferguson's chairmanship and being worried the group was going "off-strategy". | Lawyers said he had spoken of having concerns about Mr Ferguson's chairmanship and being worried the group was going "off-strategy". |
Richard Leiper QC, for the Stobart Group, said: "The company would say this is a man who truly has his own interests at heart." | Richard Leiper QC, for the Stobart Group, said: "The company would say this is a man who truly has his own interests at heart." |
Mr Tinkler claims he was removed for no good reason, and has counter-claimed. | Mr Tinkler claims he was removed for no good reason, and has counter-claimed. |
Stobart Group, which is worth more than £800m, is separate from the road transport firm Eddie Stobart Logistics. | |
The trial is expected to last two weeks. | The trial is expected to last two weeks. |
Previous version
1
Next version