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Disgraced tycoon Philip Green suing Financial Reporting Council over critical PwC report
SAM TOBIN reports from the High Court
SHAMED retail tycoon Philip Green took the Financial Reporting Council (FRC) accountancy watchdog to the High Court today to protect what is left of his reputation.
His company Taveta Investments — parent of Arcadia Group, which owns Topshop and Miss Selfridge — is trying to stop the FRC publishing a damning report into a PricewaterhouseCoopers (PwC) audit of BHS.
The BHS collapse in 2016 cost 11,000 jobs and left a £571 million pension deficit just 13 months after Mr Green sold the company for £1 to Dominic Chappell, a three-time bankrupt with no previous retail experience.
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