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Former Shell executive behind Christmas savings club scam
international |
consumer issues |
other press
Friday December 01, 2006 18:04 by ShellWatch
Sir Clive Thompson, former Shell marketing executive, is the director of the now-collapsed Farepak firm which has lost 150,000 low-income savers around €600 each. Thompson, chairman of Farepak's parent company European Home Retail, has a long track record of controversy - in 1998 he made a speech at the CBI annual dinner where he asserted that statutory union recognition should be put in a handbook to help firms improve their "pest control techniques". Thompson is a vociferous opponent of the minimum wage and argued that poor and unhappy people are easier to motivate, stating that "someone who is happy is extremely difficult to motivate". |