Retirement sites that were identified by the Office of Fair Trading in the price-fixing scandal involving Peverel / Cirrus have received their “goodwill” payments, Janet Entwistle of Peverel said yesterday.
At a meeting with Carlex and Sir Peter Bottomley in Westminster, Entwistle said that she was confident all sites affected by the rigged tendering process had been identified.
There would not be further payouts.
Although the Office of Fair Trading identified the 65 sites affected, it did not quantify the amount of money wrongly taken between 2005-2009.
It confined itself to saying that sites were “likely” to have suffered loss.
Entwistle confirmed that she would not agree to the issue being referred to mediation.
As a result, any site believing it ought to be compensated will have to launch a tribunal action.
If you wish to consider this, please contact Carlex.
Minutes were taken at the meeting, and will need the agreement of all parties before being published.