Petition calls for government intervention in Norton collapse

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Published on 24 February 2020 by Mike Waters

A petition has been launched calling for the questioning of the owner of Norton Motorcycles, Stuart Garner, over allegations surrounding the misuse of pension funds.

As the BMF has previously reported, the world-famous British marque went into administration last month and Mr Garner failed to appear at a public hearing held by the Pensions Ombudsman on February 13th to investigate complaints made about three pension schemes connected to him.

The petition, which was launched by the ‘Commando 2012 pensioners’ – so-called due to the name of one of the pension funds – alleges that Mr Garner “used 14 million pounds of people’s pension funds he obtained through fraudulent activity to set up three separate pension schemes and used the money to run his business and expensive lifestyle” and argues that "Mr Garner needs to be questioned over his conduct". 

It also calls upon the government to “help the 280-plus people who have lost all their savings”.

The chair of Parliament’s Public Accounts Committee has also called for an investigation after ITV estimated that Norton and the British Motorcycle Manufacturing Academy (also believed to be connected to Mr Garner) had received £5 million of government grants.

The petition currently has more than 3,000 signatures, and can be found here.

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