Theresa May, as Prime Minister, was to all intents and purposes a de-facto (or shadow) director of Carillion when it collapsed into liquidation last week after apparently wrongful trading in which there is the possibility of personal liability.
It was her government as the sole customer that awarded huge contracts to a company that was technically insolvent under the terms of the Companies Act: circumstances that are normally illegitimate.
Without these suspect contracts from the May government, Carillion could not have continued to exist and it would not have employed thousands of people directly and indirectly in its supply chain, who will now be thrown onto the scrap heap of the unemployed.
Without these contracts improperly awarded by the May government, there would not be hundreds of small companies up and down the country facing ruinous bad debts that now threaten their survival. Some having already gone into liquidation themselves as a direct consequence.
This could not have happened had there been proper oversight of the procurement process and due diligence by government department employees who apparently acted like schoolchildren pretending to be businessmen.
This was a tragic dereliction of duty by a Prime Minister patently unequal to the task of commercial oversight of major national infrastructure projects. She should now be allowed to return to the shadows from whence she came.
The Prime Minister needs to be more than a well-meaning but inept woman in faux leopard skin shoes.
The original source of this article is Global Research
Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article. The Centre of Research on Globalization grants permission to cross-post Global Research articles on community internet sites as long the source and copyright are acknowledged together with a hyperlink to the original Global Research article. For publication of Global Research articles in print or other forms including commercial internet sites, contact: [email protected]
www.globalresearch.ca contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of "fair use" in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than "fair use" you must request permission from the
copyright owner.
