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Hubbard Legal Representatives Respond To SFO Charges

Hubbard Legal Representatives Respond To SFO Charges

We have today been advised that the Serious Fraud Office has laid charges against Mr Hubbard. As we have not yet been provided with a copy of them, we have not had an opportunity to consider the charges. We understand that consistent with Mr Hubbard's position all along, the SFO is not alleging he has stolen any money nor that he has benefitted personally.

The charges are strenuously denied by Mr Hubbard. They mark the end of a process which, in our view, has been fundamentally unfair and amounts to a clear breach of Mr Hubbard's rights.

We intend to file an application to stop the prosecution at the appropriate stage.

Finally, contrary to media reports, we understand that no charges have been laid against Mrs Hubbard.

Mr and Mrs Hubbard will make no further statement on the matter.

M Heron

Russell McVeagh.

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