Home / Business and Economy / Ousted BP Chairman Eyes Millions in Legal Battle
Ousted BP Chairman Eyes Millions in Legal Battle
6 Jun
Summary
- Ousted BP chairman seeks millions in compensation.
- Dismissal followed claims of bullying and unacceptable conduct.
- Lawyers investigating breach of contract and defamation claims.
Albert Manifold, the recently dismissed chairman of BP, is reportedly considering legal action to recover millions of pounds he believes he is owed. The 63-year-old Irishman was removed from his position last month amidst allegations of bullying and other conduct issues deemed unacceptable by the board.
Manifold's lawyers are investigating potential claims for loss of earnings, breach of contract, and defamation. This move follows a rapid descent into a public dispute after Manifold denied the allegations, calling them "lies."
BP cited "serious concerns" and "governance oversight and conduct issues" as reasons for his immediate dismissal, less than eight months into his tenure. Manifold acknowledged challenging people directly but refuted the "lies" spread about him, particularly those originating from anonymous sources.
