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Keane not guilty of £2.3m fraud Keane not guilty of £2.3m fraud
(30 minutes later)
The former Livingston Football Club chairman Dominic Keane has been found not guilty of a £2.3m fraud scheme.The former Livingston Football Club chairman Dominic Keane has been found not guilty of a £2.3m fraud scheme.
Mr Keane, who also sat on the Celtic FC board in the 1990s, denied tricking two men into signing a multi-million pound loan refinancing deal at Livingston.Mr Keane, who also sat on the Celtic FC board in the 1990s, denied tricking two men into signing a multi-million pound loan refinancing deal at Livingston.
Jurors at the High Court in Edinburgh were told the matter rested on whether it was proved signatures on the loan agreement were forged.Jurors at the High Court in Edinburgh were told the matter rested on whether it was proved signatures on the loan agreement were forged.
They found the 56-year-old not guilty by majority verdict after 40 minutes.They found the 56-year-old not guilty by majority verdict after 40 minutes.
One of the men Mr Keane had been accused of duping was ex-Celtic director William Haughey, with whom he sat on the board. Mr Keane had been accused of duping ex-Celtic director William Haughey, with whom he sat on the board, and lottery winner John McGuinness into signing up for the deal.
Before the jury of 12 men and three women retired to consider their verdict in the case, advocate-depute Alastair Brown told the court that "the fundamental issue" was whether lottery winner John McGuinness and Mr Haughey had signed the agreement. During the trial, Mr McGuinness told the court that it had cost him about £3m and that his winnings were now gone.
Mr Keane insisted that all three men were present to sign the deal at Hampden Stadium on 14 April, 2001. The court also heard from Mr Haughey who said he had no recollection of signing the loan agreement.
'A nightmare'
Before the jury of 12 men and three women retired to consider their verdict in the case, advocate-depute Alastair Brown told the court that "the fundamental issue" was whether lottery winner John McGuinness and Mr Haughey had signed up for the deal.
Mr Keane had insisted that all three men were present to sign the documentation at Hampden Stadium on 14 April, 2001.
When the jury returned their not guilty verdict, Mr Keane shouted "yes".
Outside court he said: "This has been a nightmare for the last four years and now it's all over.
"And honestly I just want to go home and be with my family."
He refused to comment on his feelings towards Mr Haughey, who had given evidence against him.
Ruling out a return to football, he added: "I'm going to enjoy the rest of my life. It's been four years this has been going on for now and it's taken its toll."