Donald Findlay delivering a strong summary to the jurors as he summed up for the defence in the fraud trial of Craig Whyte.
The prosecution failed to call in their final witness last week with Findlay deciding that no witnesses for the defence were required.
The entire purpose of the case seems difficult to work out with Murray getting rid of responsibility of Rangers (IL) while Whyte ended up with his business reputation in tatters.
With the value of the assets due to be divided between the 276 creditors there seems little point in debating the rights and wrongs of a £1 transaction.
Findlay started his summary on Friday but had more to add when the case resumed this morning.
The former Rangers (IL) vice-chairman was scathing of the business practices of the directors who allowed the club to be sold for £1.
Stadium maintenance had been neglected as had a 10 year old tax bill with Findlay adding to those details when he addressed the jury today.
Findlay: Rangers a “sad and sorry mess” King’s money arrested, Paul Murray bid “pie in the sky and probably illegal.
— James Doleman (@jamesdoleman) June 5, 2017
Findlay notes when Walter Smith resigned his assistant had to get the job or club would owe him millions of pounds
— James Doleman (@jamesdoleman) June 5, 2017
Findlay notes when Walter Smith resigned his assistant had to get the job or club would owe him millions of pounds
— James Doleman (@jamesdoleman) June 5, 2017
Findlay notes club officials were discussing possible insolvency in May 2010, long before Craig Whyte appeared on the scene
— James Doleman (@jamesdoleman) June 5, 2017
Findlay on Whyte’s Ticketus deal “A whole list of people knew about it, including golfers on the Loch Lomond golf course”
— James Doleman (@jamesdoleman) June 5, 2017
Findlay Whyte’s deal with Ticketus was “perfectly legitimate…nothing illegal about it”
— James Doleman (@jamesdoleman) June 5, 2017
Findlay notes Whyte using Ticketus to pay the bank debt saved the club a million pounds a year.
— James Doleman (@jamesdoleman) June 5, 2017
Findlay asks the jury to look at their copies of the Share Purchase Agreement.
Says a legal document like this should be unequivocal.— James Doleman (@jamesdoleman) June 5, 2017