Ex-Rangers owner Craig Whyte arrested

[Uilleam 5,948]

You can't keep a good man down.

 

It would appear that the FCA continues to investigate him.

 

If he is tried in England, he won't be a hero to an SNP supporting jury.

He might be best, then, identifying as a woman, allowing her to serve his porridge in a women's nick. (I think that's right.)

There are a few lads who would be willing to help with surgery, even if it is not actually required.

 

Ex-Rangers owner Craig Whyte arrested at airport

Greig Cameron

Thursday December 23 2021, 12.01am, The Times

Football

Craig Whyte is accused of failing to give passwords to seized devices

 

https://www.thetimes.co.uk/article/ex-rangers-owner-craig-whyte-arrested-at-airport-33gln2qh3

 

The former owner of Rangers has appeared in court after being arrested at Manchester airport.

Craig Whyte, 50, has been charged with failing to provide passwords for various laptops and phones seized more than three years ago.

At Manchester and Salford magistrates’ court yesterday Whyte said he was not guilty, which means a trial will have to take place. He was released on conditional bail.

The Financial Conduct Authority, the financial services industry regulator, had requested the arrest, carried out by Greater Manchester police officers on Tuesday. The punishment for anyone found guilty of failing to comply with a statutory notice under the Regulation of Investigatory Powers Act could be up to two years in prison.

The FCA said “the arrest is in relation to non-disclosure of key passwords for various laptops and phones” seized from Whyte under a warrant issued in April 2018.

 

Whyte bought Rangers for £1 from Sir David Murray in May 2011 and promised to invest. It later emerged he had funded the takeover using a loan based on future season ticket sales.

The club failed to pay various taxes during his short period of ownership which resulted in Rangers being put into administration in February 2012. In 2014 the Insolvency Service banned Whyte from being a company director for the maximum of 15 years for his part in the financial troubles at Rangers. It emerged that he had previously been disqualified from being a director for seven years from 2000.

He was one of several people who were arrested and charged as part of a police investigation into the Rangers insolvency but the only one still facing charges when the High Court trial started in 2017. Whyte was cleared of both charges against him.

Since then he has published an autobiography, Into the Bear Pit, about his time in control at Rangers, while his business dealings have continued to make headlines. It has been suggested he was heavily involved in Fortress Restructuring, a UK company where his father, Tom, 75, was listed as a director.

Fortress, founded in 2018, was involved in various areas including providing cashback deals from online shopping and giving advice on how to restructure businesses to try to avoid having to pay debts.It is now in liquidation, according to documents at Companies House.

 

Comments for this article have been turned off

[compo 7,055]

wonder if he has something to hide 💰

[Whosthedado 1,685]

Is it wrong that I read the headline and really wanted the last word to rhyme with eyes

[Uilleam 5,948]

7 minutes ago, Whosthedado said:

Is it wrong that I read the headline and really wanted the last word to rhyme with eyes

Only if you envisaged it short, merciful, and painlesss, and not long, lingering, and agonising.

[RANGERRAB 3,680]

1 hour ago, compo said:

wonder if he has something to hide 💰

Lots I’d suggest.

Not being investigated by polis Alba this time unfortunately for him.

Both the FCA and the city of London police are in a different league