Bosses at the firm whose flammable insulation was fitted on Grenfell Tower have cashed in company shares worth £123million since the inferno, the Daily Mail can reveal. Directors at Kingspan sold three million shares before the business was last month accused of selling hazardous building products at the inquiry into the disaster. Gene Murtagh, pictured with his wife Orla, is the Chief Executive of Kingspan, who sold the cladding which was used in Grenfell Tower, cashed in shares worth £22 million in the company. In 2018 Gene Murtagh bought a luxury seafront property on one of Dublin’s finest coastal stretches for £6.8million. Mr Meredith said he recommended adding fire retardant, but his managers criticised him for ‘not being very positive about Kingspan products’.

Source: Daily Mail December 04, 2020 22:01 UTC