Category Archives: Craig Whyte’s Companies

I Wonder …

I wonder when Mr Whyte started taping or recording conversations.

Does he have his discussions with Mr Green on record, for example.

If so, is there anything in such a call which could embarrass the Yorkshireman?

Who else is now thinking back to their conversations with Mr Whyte and realising why Craig insisted on having a potted plant or angle-poise lamp sitting right beside them.

Anyone meeting him now will, as per Cold War spy films, demand to meet him standing in the bathroom with the shower turned up full to drown the noise!

And if people don’t know what records Mr Whyte has, they need to be very confident to contradict him!

“Secret” taping opens up other issue, but that is for when I’m awake!

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Filed under Charles Green, Craig Whyte's Companies, Rangers

Mark Daly Reveals Rangers’ “Smoking Gun” – Craig Whyte Taped David Grier of Duff & Phelps

Mark Daly of BBC Scotland has produced another chapter in his revelations regarding the events surrounding the administration of Rangers Football Club PLC. Following his two previous programmes, and his Scottish BAFTA nomination, he was on Reporting Scotland tonight.

The details can be read on the BBC website here.

The story tonight was based upon recordings made by Craig Whyte in a meeting with David Grier of Duff & Phelps. If Mr Whyte has been regularly taping meetings and calls in this process, one wonders if there might be people, in addition to Mr Grier, who are rather worried tonight.

Mr Daly’s previous programme in May prompted the issue of a statement by Duff & Phelps. The article, which was on the official Rangers website here – http://www.rangers.co.uk/news/football-news/article/2786614 – is no longer there.

However, I have a copy of it and the relevant extracts are below. You can read the full statement, and my comments on it here – https://scotslawthoughts.wordpress.com/2012/05/26/some-questions-for-david-grier-and-the-administrators-of-rangers/

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David Grier, who was the engagement partner at MCR, said: “I categorically deny that at the time of the Craig Whyte takeover of Rangers, I had any knowledge that funds from Ticketus were being used to acquire the Club. This accusation is wrong, highly defamatory and betrays a lack of understanding of the facts. Continue reading

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Filed under Contempt of Court, Courts, Craig Whyte's Companies, Rangers, Ticketus

Green and Whyte – Unlike Ebony and Ivory, Not In Perfect Harmony – Me at Scotzine

Andy Muirhead at Scotzine was kind enough to put up my piece there a couple of days ago.

I looked at the initial shots exchanged, figuratively, between Messrs Whyte and Green, and noted that, for all of the apparent disagreement, there were actually some common points in what each had to say.

Feel free to click on the link here to read the rest of it.

Paul

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Filed under Charles Green, Craig Whyte's Companies, Me at Scotzine, Rangers

Charles Green and Craig Whyte – Connections or Coincidences?

100bjd contributed an excellent post yesterday, having analysed the portfolio of Allenby Capital. This was a company set up by Imran Ahmad, who sold up at Allenby recently to join Zeus Capital, and who has now quit that company to take on a full time role at Ibrox.

That piece raises the possibility that there could be links, either deliberate or coincidental, between Mr Green and Mr Whyte.

One of the companies to which Allenby Capital has acted as an adviser is Merchant House Group, which is very closely connected to Craig Whyte.

It is, of course, possible that Mr Ahmad had nothing at all to do with MHG in his time at Allenby, although, as the top man in the business, he might at least have been expected to be aware of this major client. Mr Whyte has been closely involved with MHG over a number of years, and the other office holders in MHG, such as Mr Holmes, have been close associates of Mr Whyte over many years.

Whilst this does not place Mr Green immediately in contact with Mr Whyte, it does provide a close link to him, and perhaps makes it easy to see why Mr Whyte was in position to effect an introduction for Mr Green’s consortium to Duff & Phelps.

As well as the financial adviser connection through MHG, Allenby Capital and Mr Ahmad, there seems to be a further connection in the legal field, if you pardon the pun (which of course won’t become apparent as a pun till later in this piece). Continue reading

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Filed under Charles Green, Craig Whyte's Companies, Rangers

Gary Withey’s Hokey-Cokey Delays Rangers Claim – Who Benefits?

The Lawyer magazine reported yesterday that Gary Withey, erstwhile Company Secretary at Rangers, and, along with Phil Betts, Craig Whyte’s right hand man, had withdrawn his application to be joined as a party to the action raised against his former firm, Collyer Bristow by the administrators of Rangers Football Club PLC, Duff & Phelps.

Collyer Bristow is accused in the action of “deliberate deception” in connection with Mr Withey’s role in the Whyte takeover. The allegations relate only to Mr Withey. The former partner in the respected London firm is alleged, for example to have been involved in providing proof of funding when there were not in fact funds present.

In August Mr Withey had applied to the court to be joined as a separate party, the case being raised only against his former firm. Mr Withey’s counsel told the court then that he wished the chance to defend himself against the allegations made about his conduct.

At the same August hearing counsel for the administrators told the court that there was a “conspiracy” to cause injury to Rangers by causing it to be taken over by Mr Whyte rather than having a share issue to raise funds and clear debt. Counsel also stated that it would be very difficult for Collyer Bristow to demonstrate that Mr Withey’s statements had been anything but false.

The defence countered saying that the claim was highly speculative, and that the case would be defended vigorously.

Mr Withey previously told the Lawyer that the accusations were an outrage, that they were groundless, and that they should never have been made. Continue reading

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Filed under Civil Law, Craig Whyte's Companies, English Law, Insolvency, Rangers