Woodford Investment Management paid £13.8 million in dividends to Woodford Capital, a company controlled by Mr Woodford and Craig Newman, in the 12 months to the end of March, accounts filed with Companies House show. The pair are estimated to have received about £112 million in total. Hundreds of thousands of savers have had their money trapped in Mr Woodford’s main fund for six months and face heavy losses on their investments. Woodford Investment Management is being wound up. Its Equity Income fund was suspended…

Source: The Times January 07, 2020 12:00 UTC