Is Lord Grabafee of BHS the nadir of the House of Lords - or the High Court?
What to do about the BHS scandal? Over 80 stores closed and 11,000 jobs lost and a pension black-hole of £500M. A business sold for a quid by Philip Green styled as Sir Shifty by the Daily Mail, and Lord Grabiner the Chairman, styled as Lord Grabafee by the Financial Times. The backdrop of Dominic Chappell a serial-bankrupt buying the business for a quid seems as absurd as it is crooked. For crooked is what BHS seems to be – not just a business deal gone wrong. BHS was producing lavish profits while the sale was lumped in with various other Green property deals. Fishier than the fish swimming around his super-yachts on his Summer holiday. And most dubious of all if not downright criminal was secret shareholders not listed in the plc accounts – who were also suppliers to BHS. A rat’s nest of financial jiggery-pokery it what it seems to be. But there’s more. Not content with destroying BHS, Lord Grabiner still sits on the woolsack in the House of Lords, presiding over leg...