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Capita's dirty money from Immigration

Capita Annual Report - posted by heather | 21.02.2002 23:14

From Yarls Wood, Harmsworth...

"Immigration Service - The growing number of asylum seekers captured newspaper headlines in the year 2000 and Capita has played a key role in the Government response.

With three sites identified Captia's role expanded to encompass both the concept design and advice on procurement options... more than 60 staff nation wide were involved in the design and procurement process. Contact for Thurleigh (now called Yarl's Wood and Harmsworth were signed in September and October respectively, and Captia is monitoring the projects, which are set for completion in mid 2001,.. 'Projects on this scale would normally take years not months,' said Ian Boon, IS Director, "Delivery in this time-frame is probably a unique achievement. The close working relationship with Capita made a successful delivery of the project solutions."

Annocement on 21 February 2002 from THE CAPITA GROUP PLC - Preliminary results for the year ended 31st December 2001 - RECORD PROFITS GROWTH & RECORD SALES WINS

Highlights: Profit by 45% to £77.1m (2000: £53.1m), Earnings per share increased by 39%

From Labour Research

Rodney Aldridge the Chair of support services group Capita – got paid £370,000 this year. He has had a 72%, yes, 72% increase in his salary in the last year.

Finance director Gordon Hurst got a 76% rise to £213,283

Chief Executive Paul Pindar got a 69.6% rise to £347,281 and operations director Paddy Doyle received a 62.5% rise to £260,121

That is not all. On top of his salary Aldridge banked £309,276 in dividends on the 18.74 million Capita shares owns. Hurst and Doyle netted respectively £2,124,000 and £3,125,250 last year on their share options.

Capita Annual Report - posted by heather