Thomas Cook donates £1.5M Compensation To Charity

Thomas Cook has donated to charity a £1.5 million compensation payout it received over the deaths of two young children from Yorkshire on holiday in Corfu. The holiday firm received the sum after the deaths of Bobby and Christi Shepherd, from Horbury, near Wakefield, who died at the Louis Corcyra Beach Hotel on the Greek holiday island in 2006 when they were overcome by fumes from a faulty boiler. Thomas Cook group chief executive officer Peter Fankhauser said: Thomas Cook has not in any way profited from our claim against the hotel owner. In late 2012, we brought a claim against the hotelier for breaching their contract to provide safe accommodation to our customers and to comply with all applicable laws which was decided in our favour.Today I have made arrangements for the full amount - £1.5 million - to be donated in full to Unicef, the world's leading children's organisation. I believe this is the right thing to do and I apologise to the family for all they have gone through.''