The Irish businessman fired from his job leading the redeveloped Battersea Power Station says he was ousted in retaliation for blowing the whistle on financial misreporting that gave a false picture to investors and the public. Days after he showed King Charles around the site in December 2024, the Cork-born chief executive of the Battersea Power Station Development Company was suspended. According to O’Sullivan, this approach resulted in the unbuilt parts of the site becoming overvalued on the balance sheet of BPS Holding, the group of entities responsible for developing the broader Battersea site. PwC, which audits BPS Holding, has not been accused of any wrongdoing. BPS Holding, which is not a party to the litigation, has also denied any accounting irregularities.

Source: The Irish Times March 20, 2026 01:48 UTC