the threats they were taking( Stock image: Getty )A finance director was fired for trying to raise the alarm that his business was seemingly going broke and trading unlawfully.
Sam Williams went on to sue for unjust termination and was paid ₤ 754,380 in settlement for the method he was dealt with at ABP (London) Financial investment.
The executive, 58 at the time, signaled bosses 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, stating: ‘Unless we understand where the cash is originating from, we can not dedicate to this expense as we currently owe excessive money.
‘ Frankly, we do not have the funds to run business.’
The employment tribunal in London was told that Mr Williams thought this was a ‘really severe matter for the directors’.
He cautioned that they were most likely to break insolvency law– because they were not able to repay their financial obligations– and were at danger of fraudulent and wrongful trading in the UK.