Go To Jail; Do Not Pass Go; Do Not Collect £200

Last updated : 20 November 2014 By Ed_ScottishFitba

C:WindowsTempphpE9A8.tmpWe know that Craig Whyte has promised to return to the UK and face up to his responsibilities but now he faces jail time if he does return. A High Court Judge has issued an arrest warrant for the former Rangers owner. This is separate to the ongoing Police Scotland investigation which is looking into the takeover of Rangers back in 2011. Neither Whyte, who bought the Glasgow club for £1 from Sir David Murray in May 2011, nor his legal team were present at the hearing in London, the fourth such hearing Whyte has missed.

Mr Justice Newey has attached a custodial order of 28 days to the warrant, effectively meaning the Motherwell-born businessman faces arrest and the potential of up to four weeks in jail should he return to the United Kingdom. This relates to a case involving finance firm Ticketus. Whyte lost that case and now owes more than £20m.