Prax Boss Claims Ignorance Amidst Billion-Pound Collapse
Update: 2025-09-28
Description
Prax's ex-boss Winston Soosaipillai claims ignorance about the company's £1.5 billion debt in his first public statement since its collapse, despite being chairman and CEO. He blames the CFO, sparking outrage as hundreds of jobs and UK fuel supplies are threatened. Facing lawsuits and a government investigation, Soosaipillai is accused of deceit and loan irregularities, while creditors like HMRC, Shell, and Uber chase millions. With limited assets remaining, the refinery's future hangs in the balance.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
