22 December 2020

Ex-Norton CEO Stuart Garner is ordered to pay back missing millions

 

THE former owner, CEO and Svengali at the helm of Norton Motorcycle until earlier this year has been told he must pay back the £14m that is missing from company’s employee retirement fund.

The news comes after Garner had the rug well and truly pulled from under him, after he originally tried to appeal the decision. Now though, the courts have refused his request, effectively pushing the one-time firework salesman is being pushed closer than ever to potential personal bankruptcy – he is already the subject of a personal bankruptcy petition from Leicester City Council.

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