simplythebest 0 Posted July 6, 2012 Share Posted July 6, 2012 Sir David Murray's son and business heir has quit the board of Murray International Holdings. David Douglas Murray is to focus his attention instead on family investments, from vineyards to bus manufacturing. The move appears to end plans for the metals-to-property company to remain at the heart of family investments. With large debts owed to Lloyds Banking Group, Sir David has had to sell Rangers football club. He is also off-loading property from his extensive portfolio and he said earlier this year that the metals business is up for sale, in parts or as a whole. Part of that sale could be to a new firm. BBC Scotland can reveal the setting up of such a shell company, Murray Metals Ltd, with Sir David as a director. It had a name change last month from Jackdaw Acquisitions 1, and has had a capital injection of £100,000. Jackdaw was one of two shell companies set up by Sir David earlier this year. While Sir David was not available for comment, a source close to Murray International Holdings said of the resignation of David Murray Jr: "Murray Metals Ltd is part of the family set-up. It's nothing to do with Murray International Holdings". This is despite Graeme Hill, managing director of MIH metals division, becoming a director of Murray Metals Ltd in May. David Douglas Murray is also a director. In March, Graeme Hill was one of two directors to quit the board of Murray International Holdings, while retaining executive posts. Donald Wilson left the board and remains managing director of oil and gas. http://www.bbc.co.uk/news/uk-scotland-scotland-business-18747141 I hope the scumbag loses everything, has to be reduced to begging and is put in jail by HMRC. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted July 6, 2012 Share Posted July 6, 2012 don't think metals have been a big part of hos business for quite a while. 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted July 7, 2012 Share Posted July 7, 2012 http://www.bbc.co.uk/news/uk-scotland-scotland-business-18747141 I hope the scumbag loses everything, has to be reduced to begging and is put in jail by HMRC. David Murray's companies may go to the wall but Mr Murray will have a very comfortable nest under him for the rest of his life,you can be sure of that. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted July 7, 2012 Author Share Posted July 7, 2012 David Murray's companies may go to the wall but Mr Murray will have a very comfortable nest under him for the rest of his life,you can be sure of that. I can dream. 0 Quote Link to post Share on other sites More sharing options...
Guest Dutchy Posted July 7, 2012 Share Posted July 7, 2012 Murray may well be an asshole, but it was the bank that forced him into selling us and it's the bank that seems to be getting off scott free here. As well as bailed out by the tax payer for it's idiotic lending policies. 0 Quote Link to post Share on other sites More sharing options...
foggy dewhurst 0 Posted July 7, 2012 Share Posted July 7, 2012 it does not give me any pleasure to see the murray companies in trouble remember a lot of innocent people could lose their jobs as for sdm take away his knighthood before they bang him up in jail that will do me . 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted July 7, 2012 Author Share Posted July 7, 2012 Murray may well be an asshole, but it was the bank that forced him into selling us and it's the bank that seems to be getting off scott free here. As well as bailed out by the tax payer for it's idiotic lending policies. And Lloyds' influence over Murray was magic was it? Or because the charlatan did so much borrowing it caught up with him? Besides, they didn't have a gun to his head, he knew what Whyte was like and could have refused but he simply didn't care. 0 Quote Link to post Share on other sites More sharing options...
Bears 0 Posted July 7, 2012 Share Posted July 7, 2012 Do people believe him and/or CW will actually go to jail? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted July 7, 2012 Share Posted July 7, 2012 Do people believe him and/or CW will actually go to jail? I think they will go to court with Muir grier and d&p. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,627 Posted July 7, 2012 Share Posted July 7, 2012 Do people believe him and/or CW will actually go to jail? I don't believe Murray has done anything to warrant jail. I believe Whyte should but doubt that he will. 0 Quote Link to post Share on other sites More sharing options...
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