Alex Crestamarrone

Why has legal action not been taken against the Directors of Thames Water? It is illegal for a company to pay out dividends or trade while insolvent under the Companies Act 2006, S 830: If a company is insolvent, it means it does not have sufficient distributable profits, and thus, paying dividends would be illegal. Directors who authorise such payments can be held personally liable to repay the unlawfully distributed dividends. Insolvency Act 1986:Wrongful Trading (Section 214): Directors can be held personally liable if they continue to trade when they knew, or ought to have concluded, that there was no reasonable prospect of avoiding insolvent liquidation. Legal Consequences for Directors engaging in trading while insolvent or authorise unlawful dividend payments can face the below: - Personal liability for company debts - Disqualification from serving as a director for up to 15 years - Criminal charges, particularly in cases of fraudulent trading If I were elected MP for #Epsom #Ewell #Ashtead and #Leatherhead I would be pursuing this! @GinaForEpsom

Dear @SuellaBraverman How much is your trip to Rwanda going to cost taxpayers? What's happened to the £140m you've already paid Rwanda when no agreement is in place? How much more will you have to pay? How do you sleep at night? @VoteTrueAndFair google.com/amp/s/www.indepen…