the threats they were taking( Stock photo: Getty )A finance director was fired for trying to raise the alarm that his company was apparently going broke and trading illegally.
Sam Williams went on to demand unreasonable dismissal and was paid ₤ 754,380 in compensation for the method he was dealt with at ABP (London) Investment.
The executive, 58 at the time, signaled employers when he got an ₤ 11,628 expense to guarantee a Bentley and a Rolls-Royce.
He sent out an e-mail to CEO Ying Xu, saying: ‘Unless we understand where the money is coming from, we can not commit to this expense as we already owe excessive money.
‘ Frankly, we do not have the funds to run the business.’
The work tribunal in London was informed that Mr Williams believed this was a ‘very severe matter for the directors’.
He cautioned that they were likely to break insolvency law– because they were unable to repay their financial obligations– and were at threat of wrongful and deceptive trading in the UK.