Second accountant charged in Rangers sale fraud case

Paul Clark, who worked for administrators Duff & Phelps, is the fourth man to appeared in court over the alleged fraudulent acquisition of Rangers’ during the sale by former owner Craig Whyte to ex-chief executive Charles Green.

Mr Clark, 51, of Surrey, was charged with conspiracy and serious organised crime. He made no plea or declaration and was released on bail.

He joins Mr Whyte, Mr Green and fellow administrator David Whitehouse, who were all released on bail at Glasgow Sheriff Court on Wednesday.

All four have now been charged under Section 28 of the Criminal Justice Licensing Act 2010, which covers serious organised crime offences.

They have also been charged with conspiracy.

In addition, Mr Green has been charged with fraud and also an offence under Section 190 of the Companies Act 2006.

Rangers was sold to Craig Whyte by its former owner Sir David Murray in 2011 for a nominal sum of £1.

But the club entered administration in February 2012 after running out of cash.

Mr Whitehouse, who worked at Duff and Phelps, was appointed as joint administrator along with colleague Mr Clark.

When an agreement with creditors could not be struck to allow the club to exit administration, a sale of Rangers’ assets to a consortium led by Mr Green was concluded.

He was at the helm when Rangers were allowed to join the Third Division but stepped down in 2013 following allegations that he was working in conjunction with Mr Whyte, 44.