G4S says CEO made 'no serious failings' over Olympics

G4S have explained why chief executive Nick Buckles remains in is post despite the company's Olympics failure in a statement.

"Whilst the CEO has ultimate responsibility for the Company's performance, the Review did not identify significant shortcomings in his performance or serious failings attributable to him in connection with the Olympic contract."

– G4S statement

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G4S bosses quit over Olympics

Two G4S directors have resigned after a review of the way the company handled the Olympic security. However, Nick Buckles has kept his job as group chief executive.