Sixfields Loan - Police Say 700 Lines Of Inquiry

14 September 2017, 11:13 | Updated: 14 September 2017, 11:16

Cobblers Sixfields NTFC

Northants Police have issued a statement on the current state of their investigation into the £10.25m loan by Northampton Borough Council to Northampton Town FC, for the development of Sixfields Stadium.

Today the force say they have 700 separate lines of inquiry they're looking into - ranging from possible theft, fraud, bribery and misconduct.

The statement reads:

"Northamptonshire Police continue to investigate the complex circumstances of the lending, use, and loss of £10.25m of public money which was set aside for the redevelopment of Sixfields Stadium, the home of Northampton Town FC.

To protect the integrity of this large financial investigation we do not routinely comment on the work ongoing, however, we recognise that this must be balanced against the understandable public interest.

As part of 700 separate lines of inquiry we continue to investigate and analyse the results of thousands of financial transactions, relating to allegations of theft and fraud, bribery, misconduct in public office and electoral offences.

To date, this has resulted in over 500 statements and reports being produced and more than 2,100 exhibits being seized.
With the strict legal time limitations on how long an arrested person can remain in police custody or on bail, it often better serves the investigation of complex matters for interviews to be conducted voluntarily, but under caution.

To date this investigation has resulted in the arrest of seven individuals from across the country, with a further nine interviewed at length under caution.

It is envisaged the investigative activity will continue for some months yet and so, at this stage, it is not appropriate to comment further on the nature of the interviews or the identity of those interviewed.

As a prosecution decision file will only be submitted to the Crown Prosecution Service at the conclusion of the investigation, at this time no inference should be drawn from the interview of any individual.”