Whistleblower CEO vs. Company: Battersea Power Station Tribunal

0:00On March 23, Donna Ocelevin, the former chief executive of Battersea Power Station, was fired in May 2025 after raising alarms. About the company's financial reporting, he claims the dismissal was unfair and tied to his whistleblowing on what he saw as overstated land values that misled investors. The development company, meanwhile, points to his poor leadership and misconduct as the real reasons for letting him go. Ocelevin joined the firm in 2024, from a long career at another London developer. He argued that internal accounts inflated the value of unbuilt plots by hundreds of millions of pounds compared to outside appraisals, thanks to how. Expenses were booked. He says he brought this to directors, but they defended the methods as proper. The company described his style as unbecoming for CEO, citing examples like hugging someone in costume at a shop opening and chatting to casually, with cleaners and guards by first names. They also said he lost the trust of his senior team and showed little grasp of the role's

1:02demands amid rising project costs. Both sides brought in forensic accountants to check the claims. Ocelevin's expert backed his worries while the company's reviews found no deliberate errors and confirmed their practices met international. Audited by a top firm, a separate probe criticized his brush-candling of female colleagues. This tribunal battle highlights tensions in the massive 42-acre regeneration of the iconic site, once a powerhouse for London's electricity. Now pushing for solid returns after years of heavy spending.