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OTC’s McDonagh secures acquittal of a former senior equities trader at RBS

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Matthew McDonagh successfully secured the acquittal of Vincent Walsh, a former senior equities trader at RBS.

Mr Walsh had been charged with an alleged conspiracy to cheat the Inland Revenue amounting to millions of pounds of tax relief generated by investment in the British Film Industry. He was acquitted following an eight-week trial that concluded just before Christmas last year.

Other defendants in the case who were convicted have now received substantial sentences following their involvement in the conspiracy.


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