22 May 2008
Building materials supplier Jewson has sacked its sales director after alleged involvement in the "fraudulent supply and procurement of marketing services".
Tony Newman was dismissed three weeks ago, along with another member of staff, after an internal investigation by the firm's audit team.
The matter has now been handed over to the police.
The materials supplier said in a statement: "We can confirm that following an investigation by our internal audit department Tony Newman was dismissed as sales director on 18 April.
In addition, one other person, who had been employed by Jewson for less than two weeks, has been dismissed as a result of our internal investigation."
The firm added that no customers were in any way involved. The value of the alleged "irregularities" is reported to be worth around £1 million, but a spokesman for Jewson would not confirm the figure.
Based in Coventry, Jewson has over 500 branches across the country and is part of the Saint-Gobain Building Distribution Group. The firm was instrumental in setting up the construction industry's green procurement group (News, 14 February).