BUSINESSMAN Dominic Chappell, a former director of Island Harbour, has been ordered to pay £9.5 million into the BHS pension schemes after losing an appeal.

Mr Chappell famously bought the High Street chain from Sir Philip Green for £1 before it closed down in 2016.

The collapse of BHS cost 11,000 people their jobs and left a pension deficit of more than £570m.

In 2018, Sir Philip agreed to put £363m in cash into the company's pension schemes to keep them out of the Pensions Protection Fund.

Last November, Mr Chappell, a former bankrupt, was banned from running a company for ten years by the Insolvency Service.

The service has also disqualified his 81-year-old father Joseph for five years.

Later this year, Mr Chappell faces a trial over allegations of £500,000 of tax fraud, which he denies.

Mr Chappell joined Island Harbour in 2006 and went bankrupt in 2009. The new owners took over in 2013.

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