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Carillion directors’ bonus payments stopped

Severance payments to former executives of the stricken firm have also been halted, the Insolvency Service said.

Carillion director's bonus payments have stopped.
Carillion director's bonus payments have stopped.

Bonus payments to directors and former executives at collapsed construction giant Carillion have been stopped.

The Insolvency Service said payments, including those included in severance packages for former executives, had been halted after the firm went into liquidation on Monday.

A spokesman said: “Any bonus payment to directors, beyond the liquidation date, have been stopped and this includes the severance payments which were being paid to some senior executives who left the company.”

Press Association


From Belfast Telegraph