UK financial watchdog fines three former Carillion executives

Carillion

28/07/2022 10:20

LONDON, July 28 (Reuters) - Britain's financial watchdog
would have fined Carillion 37.8 million pounds ($46.02 million)
for "recklessly" publishing misleading announcements had the
builder not gone bankrupt, it said on Thursday as it announced
fines for three former executives of the company.
    The Financial Conduct Authority (FCA) said it has decided to
fine Carillion's former CEO, Richard Howson, and two former
finance directors, Richard Adam and Zafar Khan. All three are
appealing against the decision, the watchdog said.
($1 = 0.8214 pounds)

 (Reporting by Huw Jones
Editing by David Goodman
)
 ((huw.jones@thomsonreuters.com; +44 207 542 3326; Reuters
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