At the end of my post this morning about the Pinsent Masons investigation into “the connections between Craig Whyte and former and current personnel of the Company and its subsidiaries” I wondered how the mainstream media might report matters.
The answer has come quickly.
The BBC has a story, which can be found here, headlined “RANGERS CONFIRM NO LINKS BETWEEN CRAIG WHYTE AND CHARLES GREEN.”
The Scotsman’s website has a similar story here. That has the headline – “RANGERS PROBE FINDS NO GREEN-WHYTE LINKS”.
The Daily Record’s headline, on its story here, is – “RANGERS’ INDEPENDENT INVESTIGATION FINDS NO LINKS BETWEEN NEW REGIME AND CRAIG WHYTE”. Continue reading
So the verdict has been pronounced…
30 May 2013
Rangers International Football Club plc (the “Company”)
Conclusion of Independent Review
On behalf of Rangers International Football Club plc, the non-executive directors of the Company (the “Investigation Committee”) engaged the law firm Pinsent Masons LLP to investigate the connections between Craig Whyte and former and current personnel of the Company and its subsidiaries (the “Investigation”).
The Investigation was overseen by Roy Martin QC.
The Investigation concluded on 17 May 2013 and Pinsent Masons and Roy Martin QC have reported to the Investigation Committee. The Investigation Committee is satisfied that a thorough investigation was conducted despite the inherent limitations of a private inquiry. Continue reading
When Rangers announced its own investigation into issues about Messrs Whyte, Green and Ahmad, it was suggested that it would be carried out as quickly as possible.
A few days after the announcement, Pinsent Masons were appointed to do the legal part of the investigation and Deloittes to look into the financial aspects.
There was talk of a verbal report being issued to the directors by last week with a full report for them to follow imminently.
Yesterday Rangers announced the appointment of Roy Martin QC to “oversee” the investigation. That suggests that the report might take longer to appear than would first have been thought. Presumably Pinsent Masons have advised that a QC should be brought in? Continue reading