Severn Trent faces charges for giving false data on water leaks to regulator
http://news.independent.co.uk/business/news/article3187170.ece
This article is from the Independent on 23rd November 2007 and reports on the charges made by the Serious Fraud Office to Severn Trent water company for three counts of misleading Ofwat regarding the data of leaking water pipes in 2000, 2001 and 2002. If convicted the company will face fines and have to repay their customers through credit to their bills. Chief Executive of Severn Trent defends the company, saying that since his times as Managing Director began in March 2005, things were improving and it was because of the previous regime that these failures occurred. Concludes with concerns over the number of misreports given to Ofwat, and therefore the amount the public are being overbilled for.
Related Links:
Ofwat – http://www.ofwat.gov.uk/
Serious Fraud Office – http://www.sfo.gov.uk/
drearryloade said,
October 9, 2008 at 12:20 pm
thank you, man