The chairman and chief executive of
Wessex Water, Colin Skellett, has been arrested on suspicion of receiving a
bribe of nearly £1m, BBC News online reports.
City of London Police fraud squad
officers arrested Mr Skellett, 57, on Thursday morning.
Later in the day a second man was
arrested after coming voluntarily to a City of London police station in
connection with Mr Skellett’s arrest.
Mr Skellett is being held at an Avon
and Somerset constabulary police station.
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Police are investigating whether Mr
Skellett received payments in connection with the recent take-over of Wessex
Water by Malaysia-based YTL Power.
