GENEVA: The U.K. government has ordered an investigation into the role of Thomas Cook Group Plc’s management in the collapse of the 178-year-old tour operator.
Business Secretary Andrea Leadsom asked the Insolvency Service, a state agency, to investigate the responsibility of the company’s directors and whether any action they took may have "caused detriment” to lenders or the pension schemes.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!