Former Carillion boss Richard Howson has hit back at a report from MPs, calling it “misleading” and suggesting that late payment from the Government itself was partly to blame for the company’s collapse.
Howson said the report, which was published last month following an inquiry by the pensions and business select committees, “had not considered all of the issues” to understand why Carillion went into liquidation in January.
The scathing report, which came after numerous tense evidence sessions with the company’s former directors, auditors and regulators earlier this year, had criticised Howson in particular.
The Times reports that the chairman of KPMG, Bill Michael, also hit back at MPs in charge of the inquiry into the collapse of Carillion who called the firm’s audit of the outsourcing group “complacent”.
He said the accusation “does not reflect the hard work and commitment of the Carillion audit team”.
