Philip Scott (in 2001), the former chief executive of collapsed Southern Cross
Two former executives who made millions from their roles at collapsed healthcare group Southern Cross are spearheading a controversial campaign for CCTV in care homes – which could net them another fortune.
When Southern Cross was floated in 2006 its then chief executive Philip Scott and finance chief Graham Sizer scooped £11.1million and £7.9million respectively.
They now run CCTV firm Care Protect, which is owned by Scott, and have been part of an aggressive drive for care cameras to be made mandatory, citing fears over abuse.
But serious concerns over privacy issues and effectiveness have been raised by leading academics, care industry professionals and families.
As part of its campaign, Care Protect sings the praises of CCTV at Bramley Court – a care home in Birmingham. But it does not make clear that it is one of four care homes the pair control through Zest Investment Group – and a manager they quote is one of their employees.
Scott, a former nurse, told The Mail on Sunday he is ‘proud’ of Care Protect, in which he has invested £1.3million, and said he and Sizer have never hidden their Zest involvement.
Ten years ago, Zest was one of the landlords of Southern Cross, which could not pay the rents on the homes it was running.
According to Scott, Care Protect has not broken even in three years but he believes it will come good ‘in the fullness of time’.