THE FORMER director of Island Harbour is to be prosecuted by the Pensions Regulator for alleged irregularities following his acquisition of retail chain BHS.
Dominic Chappell is charged with failing to provide information and documents the regulator requested during its investigation into the controversial sale of BHS which ended with closure of its stores, including Newport.
Retail Acquisitions (RAL), headed by Chappell, bought BHS for £1 in 2015 from Sir Philip Green and RAL was put into liquidation earlier this year.
Mr Chappell has been summonsed to appear at Brighton Magistrates' Court on September 20 to face three charges of neglecting or refusing to provide information and documents without a reasonable excuse.
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