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Volume 10 No. 22
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Police Believe Former Rangers Owner Whyte Committed Crime In Takeover Of Club

Police believe that "a crime was committed" during former club Owner Craig Whyte’s takeover of Scottish Third Division side Rangers, according to Keith McLeod of the Scotland DAILY RECORD. Strathclyde officers "have been looking into the deal since June" and are close to "concluding their investigation." A legal expert said Sunday night that police "will send a report to the Crown Office over Whyte’s dealings at Ibrox." It is understood that enough evidence "has been gathered to suggest that a crime or crimes have been committed." Police "are concentrating on three key areas" -- the legality of Whyte’s initial deal with former Rangers Owner David Murray, the movement of money raised from his notorious link-up with Ticketus and what happened to the missing £14M of unpaid Pay-As-You-Earn and Value Added Tax (DAILY RECORD, 2/18).