US court clears Wembley of bribery
Saturday 26 February 2005
The gaming group Wembley, which used to own the football stadium, has been cleared of bribery charges in the United States. The former chief executive and another former director were also exonerated.
Of nine charges against Wembley's Lincoln Park subsidiary, a jury in Rhode Island acquitted it of three and was unable to reach a verdict on six. Nigel Potter, a former chief executive of the group, and Daniel Bucci, who ran the Lincoln Park business, were also cleared of one charge each and the jury was unable to reach verdicts on the remainder.
They were accused of trying to bribe lawyers to win the US resort additional licences for more slot machines. It is not yet known which charges the individuals were cleared of, but all parties denied any wrongdoing.
The company and the former directors have been on trial in Rhode Island for the past three weeks. Wembley's current chief executive, Mark Elliott, gave evidence in the trial. The company set aside $16m (£8.4m) for the costs of the trial.
The outcome will be a boost for Wembley, which this month reached agreement to sell its troubled Lincoln Park business for $339m in cash to BLB Investors, a consortium backed by the South African gambling magnate Sol Kerzner. It agreed to buy Lincoln Park after appearing to have secured the support of local politicians.
BLB wants to win a long-term revenue-sharing deal with the state authorities before the takeover goes ahead.
- 1 Oxygen-starved 'dead zones' with no marine life up to 100-miles long discovered in the Atlantic Ocean
- 2 The man who filmed the Freddie Gray video has been arrested at gunpoint
- 4 How the language you speak changes your view of the world
- 5 Tory activist asked to step down after Labour candidate Rupa Huq is 'manhandled' while questioning Boris Johnson on the campaign trail
General Election 2015: Fishing is on Nigel Farage's mind as he casts a line to the disaffected of Grimsby
The man who filmed the Freddie Gray video has been arrested at gunpoint
Indonesia executions: Death row British grandmother Lindsay Sandiford will refuse to wear a blindfold when she faces firing squad
Oxygen-starved 'dead zones' with no marine life up to 100-miles long discovered in the Atlantic Ocean
Russian warships accused of 'chasing away' Swedish vessel to prevent Baltic States from achieving energy independence
Over 50,000 families shipped out of London boroughs in the past three years due to welfare cuts and soaring rents
EU asylum policy is 'a direct threat to our civilisation', says Nigel Farage
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: SNP and its activists 'openly racist' towards the English, Farage says
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils
iJobs Money & Business
£16000 - £18500 per annum: Recruitment Genius: This is an excellent opportunit...
£24000 - £28000 per annum: Recruitment Genius: A Senior SEO Executive is requi...
£16000 - £18000 per annum: Recruitment Genius: An Online customer Service Admi...
£18000 - £22000 per annum: Recruitment Genius: This global, industry leading, ...