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The Times - Papers show Whyte was boss at company in Rangers takeover


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http://www.thetimes.co.uk/tto/sport/...cle3740255.ece

 

 

A new document emerged last night suggesting that Craig Whyte, the controversial former owner of Rangers, was a director of the company used to facilitate the £5.5 million takeover of the club last year.

 

Mr Whyteâ??s previous appointments filed at Companies House, and seen by The Times, state that he was appointed as a director of Sevco 5088 on May 9, just days after Rangersâ?? current chief executive, Charles Green, became the sole director. The paperwork also suggests that, because Mr Green, 59, would have been the only person authorised to make appointments or terminations, nobody else was in the position to ratify the appointment of Mr Whyte, the former owner.

 

At the weekend, documents were published that appeared to show Mr Greenâ??s signature verifying the roles of Mr Whyte and his associate Aidan Earley as directors of Sevco 5088. Mr Green branded the notion that he had appointed Mr Whyte as a â??blatantâ? smear.

 

Those papers, relating to the appointment of directors, were belatedly submitted to Companies House just over a week ago, almost a year after they alleged to have been signed. They will be published on the agencyâ??s website later this week.

 

Although director appointments filed to the Registrar of Companies must be signed off by â??a director, secretaryâ? or a â??person authorised under either section 270 or 274 of the Companies Act 2006â?, documents are not routinely scrutinised.

 

A spokesman for Companies House said: â??As all documents are presented to [us] are accepted in good faith, we do check to ensure the box is completed, however we do not check who has signed the form and if that person has the necessary authority.â?

 

A Rangers source said that the documents recently submitted â??raise concerns about their legitimacy [and] smack of desperation from Whyteâ?.

 

One insider claimed: â??The document was not filed by Charles Green, thereâ??s no question of that. Anyone following the logical sequence of events would arrive at the conclusion that Craig Whyte could not have been a director of a company acquiring Rangers.â?

 

At the weekend Mr Green was subjected to an inquisition at a three-hour board meeting at Ibrox after the Scottish Football Association wrote to him asking for clarification over his business dealings with Mr Whyte. Following the meeting the club launched its own inquiry â??in view of allegationsâ? relating to Mr Green and Imran Ahmad, the clubâ??s commercial director.

 

A Rangers spokesman said that the report would be commissioned and finished â??as speedily as possibleâ? in order â??to clarify the situation to the satisfaction of shareholders, supporters and Board membersâ?. Mr Green was told that he had brought the game into disrepute after referring to Mr Ahmad as â??my Paki friendâ? in an interview.

 

At the time the non-executive director, Walter Smith, said: â??Charles is new here. Sometimes, if you are not Scottish, it can take you a while to understand the

But Mr Whyte claims to have evidence that proves he still owns Rangers and paid £137,500 to Mr Ahmad through an intermediary, to hide his role in the takeover of the club.

 

A spokesman for Mr Whyte said in a text message that the notion that he was appointed as a director of Sevco 5088 last year by Mr Green was â??100% trueâ?.

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What kind of article is that? It states a new document has emerged but then doesn't refer to it. Or is it just referring to the form that's been viewd over the last few days? I don't understand the point of the article.

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Cheers!

 

Well it was published just after midnight and clearly states straight away at the start of the opening paragraph: "A new document emerged last night"

 

It seems to me that it's definitely referring to a new document even although it doesn't go into details about what it is or how it's emerged.

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Cheers!

 

Well it was published just after midnight and clearly states straight away at the start of the opening paragraph: "A new document emerged last night"

 

It seems to me that it's definitely referring to a new document even although it doesn't go into details about what it is or how it's emerged.

 

I would disagree mate, the description of said document and the fact that it was only submitted last week makes me think the times are just a little late with their story.

 

It's a little suspicious that a document making an individual of a company would only be submitted now.

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