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HomeSourcesthesun.co.ukWilko paid out £77million to owners of the stricken retail chain

Wilko paid out £77million to owners of the stricken retail chain

COLLAPSED discount chain Wilko reportedly paid £77million to owners and former shareholders before going bust and putting 12,000 jobs at risk.

The stricken firm which went into administration last week is said to have been handing out multi-million-pound dividends to key figures.

The biggest pay-out over the past decade was a £63million windfall in 2015 when one side of the family which had founded the company sold their shares to the other, the Mail On Sunday says.

Wilko stores, a familar sight on high streets across Britain, were controlled by descendants of founder James Kemley Wilkinson.

New analysis of the 93-year-old business’s accounts outlines how people were paid in the years ahead of it going into administration.

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