Jump to content

 

 

Recommended Posts

I speculated that this was worth a thread on its own. Apologies if not, admin....merge it with Whyte Arrest warrant. However, it is a different revelation (though it may be connected, of course):

 

"In a further development, The Daily Telegraph understands that while Wallace and Nash were still in their posts, documents related to the 2012 share issue were passed to the Serious Fraud Office for investigation. The SFO had no comment to make."

 

 

It is tagged on here;

 

http://www.telegraph.co.uk/sport/football/teams/rangers/11231964/Former-Rangers-owner-Craig-Whyte-issued-with-arrest-warrant-as-four-others-are-detained-by-police.html

Link to post
Share on other sites

What I was thinking. Possible fraud over the IPO merits its own investigation never mind thread.

 

There's probably enough for four separate investigations , the Whyte "takeover", the administration, the Green "takeover" and the IPO but they are all intertwined.

Link to post
Share on other sites

There's probably enough for four separate investigations , the Whyte "takeover", the administration, the Green "takeover" and the IPO but they are all intertwined.

 

And one re the leaking of HMRC info/HMRC in general and one re the SPL and whomsoever's (cough) tune to which they they were dancing

Link to post
Share on other sites

Yes but they would be entirely separate, to the interlinked ones which I think are of far greater importance at the moment.

 

Agreed, I just started thinking how many things could and should be investigated. One could easily add to my suggestions but you are right that the "big 4" should come first.

 

I'd like one into the media eventually though, especially BBCeltic and the likes of G Waddell saying we were 'a club you'd never tire of punching in the face' even as we lay bleeding to death after a brutal attack

Link to post
Share on other sites

Yes but they would be entirely separate, to the interlinked ones which I think are of far greater importance at the moment.

 

Assuming that these interlinked cases came to a favourable conclusion and fraud and criminality was proven, is there any way that the original shareholders - the victims of unlawful activity - would be allowed to become the owners of the company again?

Or has too much water passed under the bridge and they would only be allowed some kind of monetary judgement, which they might never see?

Link to post
Share on other sites

Assuming that these interlinked cases came to a favourable conclusion and fraud and criminality was proven, is there any way that the original shareholders - the victims of unlawful activity - would be allowed to become the owners of the company again?

Or has too much water passed under the bridge and they would only be allowed some kind of monetary judgement, which they might never see?

 

I don't think there is a mechanism for doing that, however I wouldn't entirely rule out though the possibility of the liquidators being able to repay all debts and perhaps a surplus left for distribution to shareholders though the possibility of such an outcome is extremely slim.

 

There are still probably many,many years of litigation to come.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.