‘Yes I bought a yacht…I didn’t actually use it myself’

A tycoon accused of tax evasion after buying BHS for £1 from Sir Philip Green said he bought a yacht ‘for the right reasons,’ a court heard. Dominic Chappell, 53, blames Sir Philip for the collapse of the chain and maintains he would have been able to pay his taxes ‘had BHS not failed’, jurors heard. The businessman acquired BHS through Retail Acquisitions Limited (RAL), a company he was on the board of directors for, Southwark Crown Court heard. But…

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