[5] The London-based group he heads, Liberty Capital, specialises in buying distressed businesses, turning them around, and selling them on.
"[12] As part of his reforms Whyte allowed women into the Rangers directors' room for the first time, angering regressive elements of the boardroom including John Greig in the process.
[13] A BBC Scotland documentary, Rangers: The Inside Story, aired in October 2011, claimed that Whyte had illegally been a de facto Director of a company called Re-Tex during a seven-year period when he was banned from doing so – a claim supported by Robert Burns, the Inspector of Companies at the Insolvency Service, who retired in October 2012.
[14] The investigation also alleged that Whyte had taken part in a number of additional criminal acts, including the receipt of £100,000 from the Re-Tex account, ostensibly to pay a tax bill – a payment that was never received by the Inland Revenue.
[14] In his response to these claims, Craig Whyte denied all allegations of criminality, and stated that he had only ever been a minor shareholder in Re-Tex, rather than a de facto Director.
[15] Rangers FC withdrew all cooperation with the BBC following what the club referred to as "repeated difficulties", describing the investigative programme as a "prejudiced muckraking exercise".
[20] On 13 February 2012, Rangers filed legal papers at the Court of Session giving notice of its intention to appoint Administrators.
[23] Whyte sold his controlling interest in Rangers for £2 to a consortium led by Charles Green on 13 May 2012,[dubious – discuss] following what had, in effect, become an auction process among various consortia for ownership of the club, overseen by Duff and Phelps in that company's role as Administrator.
On 25 June 2012, the Crown Office asked Strathclyde Police to investigate the purchase of Rangers and the club's subsequent financial management.
[27] A warrant was issued on 14 November 2014 by the Crown Office for Whyte's arrest in connection with alleged fraud carried out during the purchase of Rangers.
[28] On 27 November 2014, Whyte had been detained by police in Mexico and was held due to an arrest warrant in relation to the ongoing investigation into his takeover of Rangers in 2011.
[5] Following a court case in February 2012, Whyte was ordered to pay a disputed bill to a roofing contractor who had carried out repairs to the property.