Nick Buckles tells MPs G4S will claim its multi-million management fee despite Olympics ‘shambles’

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Nick Buckles tells MPs G4S will claim its multi-million management fee despite Olympics ‘shambles’

The Telegraph – Nick Buckles, head the much-criticised Olympic security provider G4S, has refused to surrender the firm’s £57 million management fee. Appearing before the Commons’ Home Affairs Select Committee, the chief executive was forced to admit that he had presided over a “shambles,” but insisted the payment was justified – to the amazement of MPs. Keith Vaz, the committee’s chairman, asked how the fee was warranted given that G4S still could not guarantee that it would fulfil its revised promise to supply 7,000 guards on the opening day of the Olympics in nine days’ time. Read article

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