McCollco Statement

[forlanssister 3,050]

It doesn't alter the fact that the SFO do not accept complaints/cases from individuals.

 

That's a bit like your 12.% average IPO cost claim.

 

 

http://www.sfo.gov.uk/fraud/sfo-confidential---giving-us-information-in-confidence.aspx

 

Who is the service aimed at?

 

SFO CONFIDENTIAL is for people who want to tell us about serious or complex fraud or corruption on the understanding that we will not disclose their identity inappropriately.

 

If you have information about serious or complex fraud or corruption, we want to hear from you. Your information could be about anyone, including your employer, colleagues, competitors or associates.

 

Even if you are concerned that you may be implicated in the offending in question or in other unrelated criminal activity, it is important that you speak to us.

 

http://www.sfo.gov.uk/contact-us/contact-details.aspx

 

 

Anyway I'd be amazed if it wasn't handled by the former employee's legal advisers

[the gunslinger 3,366]

oh dear thats that theory destroyed. well done forlan.

[der Berliner 3,239]

No, I can only point to what was said in the statement.

 

Matter of fact, I was only looking for any info what SFO refers to. Now I know that it is the "Serious Fraud Office"

[forlanssister 3,050]

From the Express:

 

Brian Stockbridge under fire in latest Rangers board attack

 

THE GROUP seeking election of four candidates to the Rangers board insists it will continue its pursuit of change, and described the position of finance director Brian Stockbridge as “completely untenable”.

 

The fighting talk follows Ibrox chairman David Somers’ statement to shareholders urging them to vote against the appointments of Malcolm Murray, who is one of his predecessors, as well as Scott Murdoch, Alex Wilson and Paul Murray, who was a director of oldco Rangers before being removed by former owner Craig Whyte.

 

Somers claimed there was no guarantee any of the four would be found “suitable” to act as a director as stock exchange and SFA regulatory consents had not been obtained.

 

But, in the now customary tit-for-tat war of words, that provoked fury among the dissenting group which also includes Jim McColl.

 

Their statement last night insisted the requisitioners had already “achieved a lot” since beginning their campaign to prevent former chief executive Charles Green’s return to the club and highlighting concerns over corporate governance of the club which posted operating losses of £14.4million in its first 13 months.

 

They maintained: “We believe that the position of Brian Stockbridge is completely untenable and he should resign or be voted off the board at the annual general meeting on December 19.

 

“He has presided over significant outflows of cash from the club since the IPO.

 

“In addition, his personal conduct has fallen a long way short of the standards expected at Rangers.”

 

The group claimed credit for the fact that Green had been “banished” from the club followed by three of his fellow directors.

 

But their statement went on: “In the past three weeks there have been three new appointments to the board.

 

“On paper these look like credible individuals who appear to be independent of the Green or Whyte regimes.

 

“They will have the opportunity over the coming weeks to prove this and to gain the trust of the fans which they will have to earn.”

 

Even so, the group encouraged shareholders to vote their four candidates on to the board to allow the club to move forward with “stability, integrity and transparency”.

 

The requisitioners’ statement continued: “As well as being supporters of the club, all four men have had highly successful business careers.

 

“To help the club all are prepared to waive any director fees until the club is back in the top tier if they are elected.

 

“All existing directors will be up for re-election on December 19 at the AGM and the shareholders will therefore have a one-off opportunity to select the best board to take the club forward.”

 

 

http://www.express.co.uk/sport/football/445509/Brian-Stockbridge-under-fire-in-latest-Rangers-board-attack

 

 

[crucible 0]

It is now clear that the SFO is not a police department and has no remit in Scotland, which makes the claim in the statement all the more strange.

 

http://www.sfo.gov.uk/about-us/who-we-are.aspx

[blueflag 378]

It is now clear that the SFO is not a police department and has no remit in Scotland, which makes the claim in the statement all the more strange.

 

http://www.sfo.gov.uk/about-us/who-we-are.aspx

 

read me because it would seem your getting lazy

[Frankie 8,148]

From today's Scottish Sun:

 

REBELS stepped up their bid to win control of Rangers last night — as it emerged an angry ex-worker reported the crisis-hit club to fraud cops.

Emails shown to The Scottish Sun reveal the woman shopped Ibrox bosses to the elite Serious Fraud Office this summer.

 

The details emerged as investors bidding to oust the current Ibrox regime called for finance supremo Brian Stockbridge, 40, to QUIT. The rebel shareholders said under-fire Stockbridge should walk over his “personal conduct” — and for allowing the club to spend too much cash after it was floated on the stock market.

 

A stinging statement released by the group — including Paul Murray, Jim McColl and Malcolm Murray — confirmed the fraud report claim.

 

It said: “We have been provided with a statement from an ex-employee of the club questioning various payments made to certain shareholders around the time of the initial public offering.”

 

The documents show the female former employee emailed the London-based Serious Fraud Office in July alleging wrongdoing in relation to payments made to shareholders.

 

We can reveal an SFO investigator asked the woman to save text messages and a mobile phone sim card.

 

The woman, in her 30s, left the club earlier this year, moved to London, and is thought to live abroad.

 

It’s unclear if the SFO launched a formal investigation, but an officer asked the woman for more information in a series of emails.

 

The SFO polices down south but can link up with Scots cops and prosecutors for cross-border probes.

 

The Scottish Sun understands the wrongdoing alleged by the ex-employee refers to payments made to investors who lost out as they bought shares at £1 each BEFORE the floatation — which saw shares sold at just 70p.

 

Stockbridge has previously rejected claims that the payments made to investors were illegal.

 

Rangers raised more than £20million from investors when the club floated on the stock market in the initial public offering last December.

 

But the club’s huge overheads — despite their League One status — means the coffers, overseen by finance director Stockbridge, have been emptying rapidly ever since.

 

Shareholders led by magnate McColl and ex-board members Murray and Murray have claimed a major overhaul is needed — but Stockbridge has clung as a new top team including chairman David Somers and chief exec Graham Wallace has been appointed around him.

 

Last week the current regime won the backing of a major hedge fund investor, meaning they might now have enough votes to see off McColl and the Murrays’ coup bid at next month’s annual general meeting.

 

 

Under fire ... Brian Stockbridge

But yesterday the rebels branded Stockbridge’s position as “untenable”.

 

They added: “He should resign or be voted off the board at the AGM.

 

“He has presided over significant outflows of cash from the club since the initial public offering.

 

“In addition his personal conduct has fallen a long way short of the standards expected at Rangers.”

 

The finance chief revealed earlier this year that Rangers had spent the equivalent of the £22million war chest raised on the stock market in less than nine months — but insisted it had been used for necessary costs.

 

Last night an Ibrox spokesman said: “Rangers have not been conta-cted by the SFO and are completely unaware of any investigation.

 

“We can only assume confidential information an ex-employee leaked to the requisitioners was in relation to the payments to certain shareholders that was looked at by two sets of lawyers and the NOMAD (stock market advisor) at the time and then subject to an additional specific review.”

 

Police Scotland are already investigating alleged criminality during ex-chief exec Craig Whyte’s reign at Rangers and other lines of inquiry — and have quizzed boss Ally McCoist.

 

The SFO refused to comment, and Police Scotland would only say their inquiry into Whyte’s Rangers takeover was ongoing.

[Super Cooper 0]

[Let's leave the rumours to other forums please - Frankie]

Edited November 28, 2013 by Frankie

[Frankie 8,148]

Once again folks, although I appreciate the rumours surround this person have been ongoing for a few months now, I'd rather this forum and its users didn't put themselves in danger of litigation via the repetition of them.

 

Rangers FC can and will take people to court for unsubstantiated claims.

[the gunslinger 3,366]

read me because it would seem your getting lazy

 

Dear oh dear its going from bad to worse in crucibles strange defence of the board over the missing millions.