The Times 10th October "Airline executive steals £2m after losing his bonus"
During 2 years at BRYMON Airways Mr S*******s saved the company between £4 and £6million with his expertise as a financial controller. He was expecting to be given about 30% of that sum as a bonus but the money was never paid.
He then set up a company to make false payments to himself and.....for the next 12 MONTHS! and 36 plus payments got away with it.
It was only when the Engineering Director realised that a large part of his budget was being paid to a company that he had never heard of that action was taken. Nice to know that we employ such sharp on the ball engineering managers.
Mr S******s Boss was apparently unsympathetic and had cut his performance bonus to £100...In the finest tradition of BA management I might add.
£750,000 is still unaccounted for... not a bad return given he will probably serve 12 months max of the 4 year sentence
[ 11 October 2001: Message edited by: Bigpants ]
[ 11 October 2001: Message edited by: Bigpants ]