Thames Water nearing the cliff edge.

[ellal]

"Water executives to face jail if they obstruct UK investigations
New legislation gives regulator Ofwat extra powers on executive pay at utility companies"

"Senior water executives face being imprisoned for up to two years if they obstruct an Environment Agency or Drinking Water Inspectorate investigation under new legislation being introduced to parliament on Thursday.

Do you really think that any of that will actually happen?

 

[JohnD]

Not if they behave properly.

See also post 76 and 77 showing why it is needed.

 

[fillyboy]

**** me John, this 'cliff edge' business has been going on for a while now.

The Conservatives have gone, what are you going to vent your spleen about once the Jews and Water Companies have been seen off?

 

[JohnD]

You are wrong. I am opposed to racism, apartheid and genocide, and the regimes that are guilty of crimes against humanity, and war crimes, regardless of the religion, or lack of it, of the perpetrators.

Of course you know that, and are just throwing a wild smear to try to obscure the guilt of the nation of Israel.

This is just a transparent dishonest propaganda trick you are using.

 

[fillyboy]

You are wrong. I am opposed to racism, apartheid and genocide, and the regimes that are guilty of crimes against humanity, and war crimes, regardless of the religion, or lack of it, of the perpetrators.

Of course you know that, and are just throwing a wild smear to try to obscure the guilt of the nation of Israel.

This is just a transparent dishonest propaganda trick you are using.

Comedy gold, love it John.

 

[Mottie]

**** me John, this 'cliff edge' business has been going on for a while now.

The Conservatives have gone, what are you going to vent your spleen about once the Jews and Water Companies have been seen off?

Tax dodgers. One of his staples.

 

[Brigadier]

"Water executives to face jail if they obstruct UK investigations
New legislation gives regulator Ofwat extra powers on executive pay at utility companies"

"Senior water executives face being imprisoned for up to two years if they obstruct an Environment Agency or Drinking Water Inspectorate investigation under new legislation being introduced to parliament on Thursday.

Regulator Ofwat will also be given additional powers to set rules concerning performance-related pay after the water monopolies awarded their chief executives a total of £41mn in bonuses, benefits and incentives since 2020, the government said ahead of the bill being tabled. The water (special measures) bill is the government’s attempt to respond to the mounting crisis at water companies, which are facing the biggest wave of protests over sewage pollution since privatisation 34 years ago. The legislation will give Ofwat the powers to block or remove directors or chief executives if the regulator decides they do not meet high standards of “fitness and propriety”. It could lead to much higher penalties for frequent, minor offences that are currently capped at £300. "

FT.com


See also post no 76.

MBK will be along in a minute, proclaiming that the threat of jail for being crap at their job / flouting the law will discourage "top talent" from these CEO roles