Northbound,
Whilst I have a great amount of empathy as to your concerns and can see to an extent as to where you are coming from, I get the feeling that you are perhaps too much into conspiracy theory, & the reality, as indeed with who actually walked on the moon & who shot "JFK" or for that matter "JR".... is that reality is actually pretty straight forward (perhaps that is excluding JR!).
I prefer to believe that those appointed to deal with Peel were perhaps simply inept and not up to the job, as indeed is the case in much of business life where "committee members appointments" arising out of employment in the public sector simply inherit positions either upon death/retirement of their line manager or by the size of their gob !
As for remuneration of directors in published accounts, aren't these a disclosure requirement in any event ?