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Former Carillion chief executive fined $324,150 by FCA for acting recklessly

A signboard of Carillion plc.
Three senior leaders have now been fined by the FCA in relation to Carillion’s collapse. Photo: Christopher Furlong/Getty Images.

Hameed Shuja

2 min read
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The senior executive failed “to ensure Carillion communicated effectively with investors and had appropriate internal control processes,” the FCAsaid.

The UK’s FCA has fined the former chief executive of collapsed construction business Carillion UK £237,700 ($324,150) for poor oversight and a failure to report the company’s financial troubles to relevant stakeholders.

Charges against Richard Howson also include playing a part in misleading statements being issued by Carillion plc. And he failed

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