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UK Financial Reporting Council (FRC) Investigating Alleged Inflated Land Value at London Malaysia-Owned Battersea Power Station Affiliate Battersea Power Station Holding Alleged by Battersea Power Station Development Company ex-CEO Don O’Sullivan Who Whistleblew in 2024 November But Suspended in 2024 December

11th July 2026 | Hong Kong

UK Financial Reporting Council (FRC) is reported to be investigating alleged inflated land value at London Malaysia-owned Battersea Power Station affiliate Battersea Power Station Holding, alleged by Battersea Power Station Development Company ex-CEO Don O’Sullivan who whistleblew in 2024 November but was suspended in 2024 December.  Battersea Power Station – Battersea Power Station is one of Central London’s largest, most visionary and vibrant new neighbourhoods, which is seeing this vast 42-acre (over 8 million sq ft) former industrial brownfield site transformed into a community of homes, shops, cafes, offices and over 19 acres of public space.  Approximately half of the neighbourhood has been delivered so far, across the first four phases of the  masterplan, and has delivered over 2,200 homes, 800,000 sq ft of offices and more than 170 British and international brands to Battersea Power Station. The Northern Line Extension opened in September 2021, which has brought two new Zone 1 London Underground stations to Battersea Power Station and Nine Elms, supporting jobs and livelihoods of people across the London Borough of Wandsworth.

“ UK Financial Reporting Council (FRC) Investigating Alleged Inflated Land Value at London Malaysia-Owned Battersea Power Station Affiliate Battersea Power Station Holding Alleged by Battersea Power Station Development Company ex-CEO Don O’Sullivan Who Whistleblew in 2024 November But Suspended in 2024 December “

 



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UK Financial Reporting Council (FRC) Investigating Alleged Inflated Land Value at London Malaysia-Owned Battersea Power Station Affiliate Battersea Power Station Holding Alleged by Battersea Power Station Development Company ex-CEO Don O’Sullivan Who Whistleblew in 2024 November But Suspended in 2024 December

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