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Four men in court over alleged fraud after Rangers sale in 2011 | Four men in court over alleged fraud after Rangers sale in 2011 |
(35 minutes later) | |
Four men have appeared in court charged with fraudulent activity following a probe into the sale of Rangers in 2011. | Four men have appeared in court charged with fraudulent activity following a probe into the sale of Rangers in 2011. |
David Grier, 53, Paul Clark, 50, and David Whitehouse, 49. worked for Duff and Phelps - Rangers' administrators. | |
Gary Withey, 50, worked for law firm Collyer Bristow, which represented Craig Whyte before he bought Rangers from Sir David Murray for £1 in 2011. | |
All four made no plea or declaration at Glasgow Sheriff Court and were granted bail ahead of a future hearing. | All four made no plea or declaration at Glasgow Sheriff Court and were granted bail ahead of a future hearing. |
Mr Grier, Mr Clark and Mr Whitehouse were also charged with attempting to pervert the course of justice. | Mr Grier, Mr Clark and Mr Whitehouse were also charged with attempting to pervert the course of justice. |
Dawn raids | |
All four men were detained during dawn raids on Friday in England and later arrested. | |
They were all charged with a fraudulent scheme. | |
Mr Withey, from Woking, also faces a charge under the Companies Act 2003. | |
Mr Whitehouse, from Wilmslow, and Mr Clark, from Esher, each face two charges of attempting to pervert the course of justice. | |
Mr Grier, from Wokingham, is also alleged to have attempted to pervert the course of justice. | |
Rangers post | |
Mr Whitehouse, Mr Clark and Mr Grier were employees of MCR Partners, prior to its acquisition by Duff and Phelps, in October 2011. | |
Duff and Phelps acted as Rangers administrators from 14 February 2012. | |
Mr Withey worked for Mr Whyte's London law firm Collyer Bristow before he took on a post with Rangers. | |
The four men are expected to appear at court at a later date. | |
On Friday, a warrant was issued for former Rangers owner Craig Whyte following an investigation into the clubs sale to him from Sir David Murray in 2011. |