Aberdeen boss quits oil firm after suspension

‘Shocked’ businessman seeking legal advice

Published: 08/09/2010

AN ABERDEEN businessman is seeking legal advice after being suspended from a top job with an offshore company.

Calum Melville was removed from duties as bosses launched a probe into business practices at Cosalt’s offshore division in Aberdeen.

Mr Melville denied speculation he was planning to set up a rival firm.

Three years ago Mr Melville and his brother Stuart – who has also been suspended by Cosalt – sold their company GTC in a takeover worth an estimated £30 million.

Mr Melville has now quit as director with the safety equipment group, which employs 240 people in Aberdeen.

He said: “It is with regret that I have formally tendered my resignation from Cosalt.

“Having raised several serious concerns about the running of the business with the chief executive officer recently, I was totally shocked that their response was to suspend me on wholly unfounded allegations.”

A spokeswoman for Grimsby-based Cosalt said: “Cosalt is carrying out an internal review of the operating practices of the group’s business in Aberdeen at present.”

Click here to read the digital edition.
Follow us on Facebook. Click like
Follow us on Twitter