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Former Carillion finance director Richard Adam
THE FORMER finance director of collapsed outsourcing giant Carillion has been blasted for “dumping” the last of his shares in the failing company as soon as possible.
Richard Adam flogged off £534,000 in shares – his entire shareholding – on March 1 last year after retiring in December 2016, according to new information published today by the work and pensions and business select committees.
He then sold his long-term incentive plan awards from 2014 for £242,000 on May 8 2017.
Outsourcing is at the heart of inequality. Only collective unity in the trade union movement can topple the Establishment’s obsession with it, says SAM GURNEY
As bus builder Alexander Dennis threatens Falkirk closure and Grangemouth faces ruthless shutdown by tax exile Jim Ratcliffe, RICHARD LEONARD MSP warns that global corporations must be resisted by a bold industrial strategy based on public ownership