… [Sir Philip] Green, the Monaco-based finance expert couldn’t get over public sector waste. “The process is shocking. There’s no reporting. There’s no accountability.” He assured Robert Peston: “You could not be in business if you operated like this.”
In fairness, this was years before Green sold BHS for £1, to a twice-bankrupted entrepreneur with no retail experience, Green’s family having previously extracted £580m in dividends, etc, pre-departure. And the BHS pension fund having somehow acquired a deficit of £571m.
Any minute now, one of those [celebrity] people on Green’s speed dial is sure to come along and explain, to the financially illiterate, how utterly irrelevant are these two unrelated numbers. …”
East Devon Watch 