Post by QPR Report on Oct 24, 2008 6:28:56 GMT
I forgot about this one... Hmm 
Guardian .Matt Scott - Derby three charged over loan
Three former Derby County directors and their consultants must offer their pleas to Northampton Crown Court next month over charges of conspiracy to conceal criminal property and other financial offences.
Those charged are the former Pride Park finance director Andrew McKenzie, the departed chief executive Jeremy Keith and the one-time director of football Murdo Mackay. Their adviser, David Lowe, and accountant, Mark Waters, have also been charged with the criminal-property offence.
The charges relate to a £15m loan taken from a Panamanian company, the ABC Corporation, in October 2003. In a previous hearing the judge, Ian Alexander, said the Crown Prosecution Service's case is that the group "feathered their own nests and [took] some for themselves".
Keith and Mackay are also charged with conspiracy to defraud, Lowe faces an additional charge of money laundering while Waters is also accused of false accounting. Depending on the pleas, to be offered on November 21, a trial is slated to last eight weeks from next March. The five have been remanded on unconditional bail.
Although the accused are unconnected with the current ownership, management and players at Pride Park, it is the latest controversy to surround the Championship club. Derby are the subject of a match-fixing inquiry by the Football Association following irregular betting patterns in their 2-1 win over Norwich City on October 4.
See Also: www.clubsincrisis.com/Club_Detail.asp?Key=58
Guardian .Matt Scott - Derby three charged over loan
Three former Derby County directors and their consultants must offer their pleas to Northampton Crown Court next month over charges of conspiracy to conceal criminal property and other financial offences.
Those charged are the former Pride Park finance director Andrew McKenzie, the departed chief executive Jeremy Keith and the one-time director of football Murdo Mackay. Their adviser, David Lowe, and accountant, Mark Waters, have also been charged with the criminal-property offence.
The charges relate to a £15m loan taken from a Panamanian company, the ABC Corporation, in October 2003. In a previous hearing the judge, Ian Alexander, said the Crown Prosecution Service's case is that the group "feathered their own nests and [took] some for themselves".
Keith and Mackay are also charged with conspiracy to defraud, Lowe faces an additional charge of money laundering while Waters is also accused of false accounting. Depending on the pleas, to be offered on November 21, a trial is slated to last eight weeks from next March. The five have been remanded on unconditional bail.
Although the accused are unconnected with the current ownership, management and players at Pride Park, it is the latest controversy to surround the Championship club. Derby are the subject of a match-fixing inquiry by the Football Association following irregular betting patterns in their 2-1 win over Norwich City on October 4.
See Also: www.clubsincrisis.com/Club_Detail.asp?Key=58
