Changes

Mr Draper was sacked by the SVR in 1993 for what was described as “financial irregularities.”<ref>The Railway Magazine, November 2022</ref> In the Annual Report for the year ended 31 December 1993 the SVR(H) noted it was defending an unfair dismissal action brought by Mr Draper. The 1994 Share Prospectus noted proceedings had been issued against Mr Draper for recovery of approximately £16,000 and the 1994 Report noted a County Court claim by SVR(H) against Mr Draper to “recover money owed to us” had been settled out-of-Court with a payment to the Railway of £21,000 “thus fully vindicating the action taken by the Board”.