In a joint statement issued after the hearing, The business select committee and counterparts on the work and pensions committee chairs Frank Field and Rachel Reeves said: “This morning a series of delusional characters maintained that everything was hunky dory until it all went suddenly and unforeseeably wrong.
“We heard variously that this was the fault of the Bank of England, the foreign exchange markets, advisers, Brexit, the snap election, investors, suppliers, the construction industry, the business culture of the Middle East and professional designers of concrete beams.
“Everything we have seen points the fingers in another direction – to the people who built a giant company on sand in a desperate dash for cash.”
At the end of the session, business committee chair Reeves invited the former directors to pledge to give back their bonuses but none took the opportunity.
“All of you sitting here received multimillion payments from Carillion,” she said. “You say how sad and disappointed you are but what actions do you take?
“It’s just words. The money’s in the bank. Why don’t you give some money back and try to put right some of this wrong?”
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