Frank Field, chairman of the work and pensions committee, said that bosses already seemed to be shifting the blame for the debacle that forced the contractor into insolvency last month, owing more than £1bn.
“People are unashamedly pointing the finger at each other. The blame game has started. It’s the select committee’s job to say where the buck stops,” Mr Field said.
The Telegraph adds that Zafar Khan, Carillion’s former finance chief, is preparing to give explosive testimony to MPs on Tuesday shining a light on how spiralling debts and missed payments by its clients took down the company.
The former owner of Monarch Airlines, Greybull Capital, will be among the bidders interested in buying parts of Carillion that might be ringfenced following its liquidation as an auction takes shape, people familiar with its plans said, according to the FT.
Meanwhile, the Guardian reports that the collapse of Carillion is expected to trigger a rise in the number of construction companies going bust as subcontractors in its supply chain miss out on payment, according to insolvency experts at accountants Moore Stephens.
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