CumbernauldGers 0 Posted July 7, 2012 Share Posted July 7, 2012 Do people believe him and/or CW will actually go to jail? None of them will even go to court imo mate. Hope i'm wrong but think they will have covered there tracks well enough. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted July 7, 2012 Author Share Posted July 7, 2012 I don't believe Murray has done anything to warrant jail. I believe Whyte should but doubt that he will. Certainly tax evasion possibilities if the EBTs are proven, not to mention his involvement in Craig Whyte's fraudulent takeover. 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 its tax avoidance we are accused of. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,627 Posted July 7, 2012 Share Posted July 7, 2012 Certainly tax evasion possibilities if the EBTs are proven, not to mention his involvement in Craig Whyte's fraudulent takeover. There is a difference between outright tax evasion and not performing a tax avoidance scheme properly. I don't see any way he'd go to jail for that. Likewise it's not a crime to sell a business to someone who is dodgy. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted July 7, 2012 Author Share Posted July 7, 2012 Tax avoidance has to turn into tax evasion if they think they're entitled to bill you for the cash surely? 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted July 7, 2012 Author Share Posted July 7, 2012 There is a difference between outright tax evasion and not performing a tax avoidance scheme properly. I don't see any way he'd go to jail for that. Likewise it's not a crime to sell a business to someone who is dodgy. I doubt the chances of Craig Whyte are really that high either then, both have clearly done immoral things that have wrecked our club but in terms of the law perhaps they've done nothing. 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 no tax evasion is when you know you are cheating tax. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,114 Posted July 7, 2012 Share Posted July 7, 2012 There is a difference between outright tax evasion and not performing a tax avoidance scheme properly. I don't see any way he'd go to jail for that. Likewise it's not a crime to sell a business to someone who is dodgy. If he'd still been a director at the time of the takeover would he have been in breech of his fiduciary duty to the shareholders of the 14.7% he did not control? Also I note this week LBG pumping (voluntarily) £8m into the victims Farepak after a complete and utter savaging (particularly of Peter Cummings) by the judge when summing up at the collapse of the trial of the former Farepak directors (who he cleared of any blame), what odds BDO pursuing our former bankers? 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,627 Posted July 7, 2012 Share Posted July 7, 2012 If he'd still been a director at the time of the takeover would he have been in breech of his fiduciary duty to the shareholders of the 14.7% he did not control? I'd have thought that he was not acting as a director when selling the shares and as such he would be OK. Couldn't say 100% though and it's an interesting concept. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,627 Posted July 7, 2012 Share Posted July 7, 2012 I doubt the chances of Craig Whyte are really that high either then, both have clearly done immoral things that have wrecked our club but in terms of the law perhaps they've done nothing. There's a couple of things he could be got on: 1. Buying a company with the assets of that company. 2. Not fulfilling the obliation made in the initial sharehoilde circular. 3. Illegal trading. He could probably escape 1. Point 2 would need someone to really push for it but it may still happen. Point 3 is a given in my opinion and he should be charged for that and I'm surprised HMRC have not been pushing for it already. 0 Quote Link to post Share on other sites More sharing options...
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