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Paul Clark of Duff and Phelps looking very unhappy leaving Ibrox today


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I think HMRC will concentrate on the more recent PAYE/NI stuff as opposed to the longer term MIH culpability. But that may depend on the outcome of the FTT tribunal into the BTC which may see SDM pursued through the civil courts.

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It had a part to play, but not a direct part in the last few months events and yesterdays decision. It undoubtedly was the motivation behind Lloyds desire to be rid of us. It also allowed people like Whyte to muddy the waters during the season when people spoke about HMRC and what we owed them. It also meant a good number of us took our eye of what was actually happening and spent time and energy looking at what might happen.

 

But our administration and this weeks liquidation are the direct result of Craig Whyte and Duff & Phelps actions (inactions) over the last 12 months.

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