Over its short life he paid himself around £34m in salary and benefits.The Sunday Herald can also reveal that a Gibraltar company owned by him in the offshore tax haven was paid £6m, including a non-returnable deposit of £2.1m, for proposed housing development land in Kirkintilloch which had no planning permission, is in the green belt and cannot be built on because it is on a flood plain.Mr Malloy said: “He entered into the room with a distinctive purple and orange bottle of Cillit Bang and the following day he was seen spraying it into the computer grills and then wiping the excess fluid away with a cloth.
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THE Scottish lawyer whose multi-million pound property hedge fund went bust amid claims that £90 million was misappropriated has popped up again in Gibraltar – and made another fortune from a similar scheme.
Gregory King founded Heather Capital – a failed fund which lured investors into providing huge loans on what turned out to be massively overvalued properties.
He has worked in the theater as well, directing and acting in plays in New York City, San Francisco and Los Angeles.
He directed one movie, Two Idiots in Hollywood, based on his play of the same name.
It was registered in the Isle of Man and administered by King from Gibraltar.