Water firm bosses who were fined a record £126million for covering up sewage spills pocketed £3.5million in bonuses


BOSSES at a water firm fined £126million for fixing sewage samples got £3.5million in bonuses during the cover-up.

Shocking standards, including poor maintenance and pollution spills, were found during a two-year probe into Southern Water.


Southern Water were handed a record fine of £126million for hiding their shocking standards of practice[/caption]

Bosses deliberately misreported the utility firm’s performance. Had the failures been revealed at the time they would have faced a string of fines for missing Government targets.

CEO Matthew Wright pocketed £2.6million in bonuses on top of his £2million salary during the 2011-16 sample fixing.

Over the same period chief financial officer Michael Carmody took £900,000 in bonuses on top of his £1.2million salary.

Ofwat chief Rachel Fletcher said: “What we found in this case is shocking. The company was being run with scant regard for its responsibilities to society and the environment.”

The Environment Agency has launched a criminal investigation into Southern Water.

Watchdog Ofwat said the £126million fine included £91million to reflect “automatic penalties it would have incurred for underperformance under had it reported data ­correctly in the first place”.

It ordered the privately-owned utility firm to pay a further £32million in reimbursement to its 4.6million customers and a £3million fine.

Southern Water chief executive Ian McAulay said: “We are deeply sorry for what has ­happened. There are no excuses for the failings.”


Ian McAulay apologised for the firm’s failings between 2010 and 2017[/caption]


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