Former Rangers figures Charles Green & Imran Ahmad set for £70m compensation - BBC
Former Rangers chiefs Charles Green and Imran Ahmad are set to receive £70million in compensation from the Crown Office.
The ex-Ibrox duo were linked with club fraud and conspiracy charges and told over three years ago they would face no further charges.
Lord Advocate James Wolffe has also sent public apologies over the matter to both parties, although this isn’t predicted to be the end of the matter.
BBC journalist Chris McLaughlin shared the update on his personal Twitter account on Tuesday morning, after sharing the letter sent to both parties.
“My understanding is the combined compensation bill for Charles Green and Imran Ahmad could be £70million,” he said.
“Crown has already paid out over £20 million to two former administrators.”
My understanding is the combined compensation bill for Charles Green and Imran Ahmad could be £70 million. Crown has already paid out over £20 million to two former administrators. https://t.co/9IFJf4lgiC
— Chris McLaughlin (@BBCchrismclaug) June 8, 2021
Here we go again.
This is the story that never seems to be going away, although it could finally be coming to an end with this huge compensation bill.
Ahmad and Green never actually faced trial, and it was all just accusations, although Craig Whyte did get put under the microscope.
No charges were brought forward to anyone involved, which all stemmed from Green’s Sevco buying £5.5million of shares in Rangers almost 10 years ago when this new journey started.
Everyone close to this or involved at any level will be wanting it to end as soon as possible, with it bringing a dark cloud over the club for many years, especially when fraud is mentioned.
Of course, there were Celtic fans straight into the comments on social media, but we think they have a lot more to worry about than this at this current moment in time.
In other Rangers news, Michael Beale sends Twitter message after ‘huge’ Bears development over the weekend