Craig Whyte abandons a bid to sue the Lord Advocate over claims of a 'malicious' prosecution.
Former Rangers owner Craig Whyte has dropped a £500,000 malicious prosecution claim against the Crown Office.
Solicitor General Ruth Charteris KC, in a letter to Holyrood's criminal justice committee, confirmed Mr Whyte's lawyers had ceased the action and the case had been disposed of by the Court of Session last week. "Both the Lord Advocate and I are committed to further accountability and a process of inquiry once all legal proceedings have concluded."David Grier was charged in 2014 but eventually cleared along with a number of other men
Craig Whyte took over Sir David Murray's majority shareholding in Rangers for £1 in 2011, while agreeing to take on millions in debt and facing the prospect of a huge tax bill.However, under Whyte's stewardship, the Rangers business went into administration and then liquidation in 2012.David Whitehouse and Paul Clark were awarded damages after being wrongfully prosecuted
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