ExCeL London is to sue former CEO David Pegler for £2m, the Daily Mail reports. Pegler was sacked by ExCel owners Abu Dhabi National Exhibition Centre (ADNEC) in November 2017, for reasons that were not made public at the time.
After seeing the High Court writ, the Mail reports that Pegler was sacked after employing his brother Richard Pegler without permission from the owners on a deal allegedly worth £120,000.
The Mail goes on to say that Pegler initially hired his brother as a contractor to support exhibitors on £563 per day in 2014, before expanding his role in 2015.
Richard Pegler is reported to have earned £442,022, more than any other of the 194 ExCeL employees, with David Pegler failing to inform the owners.
The company says the former CEO is guilty of gross misconduct and should return bonuses amounting to £2m.
David Pegler is also being sued for using first-class flights (rather than business class) and train journeys, which are not permitted under the company’s expenses policy.
The revelations came to light after an internal audit was carried out by ADNEC.
Despite denying the claims made against him Pegler, who joined ExCeL London in 2008, has declined to comment.
ExCeL London and ADNEC have been approached for comment.