Insurance chief Bright jailed for 7 years
Michael Bright, the former chief executive of Independent Insurance, faces a seven year stretch behind bars for his part in the collapse of the company he founded.
Judge Geoffrey Rivlin said the 62-year-old was the "architect and driving force" in covering up the company's perilous state of finances and he "corrupted a lot of people along the way". He also disqualified Bright from being a company director for 12 years.
Former finance director Dennis Lomas, 56, was given a four-year prison sentence and ex-deputy managing director Philip Condon, 58, received a three-year sentence after they too were convicted of conspiring to defraud fellow "directors, employees, actuaries, auditors, re-insurers, shareholders, policyholders and others by dishonestly withholding claims data".
A mixture of law, politics, autobiography and humour. Once described as "The Devilish Advocate" (Guardian), I do have the ability to provoke a response. Sometimes it comes from someone who uses a thought process, and sometimes from jerks usually associated with the knee.
I imagine one meets some interesting people inside. Probably going to find out in the next few years.
ReplyDeleteYou write very well.
ReplyDelete