Craig Whyte fraud trial jury retires to consider verdict

THE jury in former Rangers owner Craig Whyte's fraud trial have retired to consider their verdict.

Former Rangers owner Craig Whyte is on trial facing charges over his acquisition of the club. Picture: John Devlin

Judge Lady Stacey told the eight men and seven women to take as long as they needed to reach a decision.

The judge started her charge to the jury on Monday at the High Court in Glasgow and told them to keep “cool heads” as they consider all the evidence in the case.

Whyte is accused of acquiring Rangers by fraud in May 2011. He denies the charge and another under the Companies Act.

The Crown alleges the 46-year-old pretended to then-owner Sir David Murray that funds were ‘’immediately available’’ on an ‘’unconditional basis’’ to make all required payments for a controlling and majority stake in the Glasgow club.

Advocate Depute Alex Prentice QC has told the court Whyte did not have authority over the funds used in the takeover and “induced” the Murray Group to sell, but defence QC Donald Findlay described the accused as “the fall guy” in the case.

Lady Stacey laid out the verdicts available - guilty, not guilty and not proven - and told the jurors to have a “good, hard look at what has been put before you”.

Asking the jury to retire, the judge said: “You have listened patiently to all of the evidence and must have as much time as you do require.”