Rangers executive to get £6.3m compensation payout

Rangers executive to get £6.3m compensation payout

A fraud investigation into the sale of Rangers resulted in the arrest of multiple persons, including Mr. Green.

The 68-year-old was then informed that he had been the target of a “malicious” fraud prosecution after the matter was dropped.

Now that a compensation bid has been resolved, Mr. Green has accepted £6.3 million from the public coffers together with his legal fees.

The agreement is one of several compensation payments the Crown Office has reached in relation to the botched prosecution. It was reached just before an eight-day trial was scheduled to begin at the Court of Session.

In December, administrators David Whitehouse and Paul Clark reached an out-of-court settlement of £24 million with the Crown Office.

After all connected legal actions are over, there will be a judge-led investigation of the shortcomings of the fraud probe regarding the sale of Rangers.

In light of the psychological and physical effects of the false arrest, Mr. Green’s attorney, Greg Whyte of Jones Whyte Law, stated that his client was “extremely relieved” that the case had been resolved.

He stated to BBC Scotland that he was eager to put this issue behind him and go on with his life because he has endured a lot over the last six years.

“I would describe him as a battle weary, he simply wants to move on from this.”

Mr. Whyte stated that although Mr. Green wished to “close this chapter in his life,” he would assist with the public investigation “when the time arises.”

“Severe injustice”

QC Garry Borland informed Judge Lord Tyre that his client, Mr. Green, still had money to claim from the Crown Office.

He stated in court: “Mr. Green suffered a terrible injustice at the hands of the prosecuting attorneys.

“It will be for the public inquiry to examine how this malicious prosecution of Mr Green could possibly be allowed to happen.”

After taking over as Rangers’ new leader in 2012, Mr. Green announced his resignation the following year.

Then-head of Scotland’s prosecution service James Wolffe QC apologized to him and director Imran Ahmad in June.

“Mr. Ahmad and Mr. Green were prosecuted in the High Court concerning matters associated with Rangers Football Club between 2015 and 2016,” stated Mr. Wolffe.

“They should not have been prosecuted and, as Lord Advocate and head of the system for the prosecution of crime in Scotland, I have apologised unreservedly that they were.”

A mouthwatering magnitude

Russell Findlay, MSP, a spokesman for the Scottish Conservatives on community safety, expressed his disgust at the “sickening” loss of millions more of public monies.

“Yet the Crown Office’s persistent and grave misconduct, which included their deliberate attempt to imprison innocent men, is solely to blame for the staggering amount of these compensation payouts.

“The malicious prosecution scandal will be a permanent stain on our justice system.”

The Scottish government declared that it was still dedicated to a judge-led investigation into the instances that involved Mr. Green and other people looked into as part of the fraud investigation into Rangers.

A representative stated: “The Scottish government supports both parliamentary and wider public accountability when it comes to these cases, as the first minister made clear to parliament as recently as June 17.”

“A proposal endorsing a judge-led investigation was approved by the parliament in February. The government is dedicated to and in favor of that.

“Only after the relevant court cases are concluded can such investigation take place. Although the cases are still pending in court, an investigation will take place after they are finished.”

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