FCA abandons iSoft court case

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A high-profile prosecution brought against former directors of iSoft, the healthcare software provider, has been abandoned by the financial regulator after a seven-year investigation and two criminal trials.

Judge Anthony Leonard QC formally entered not guilty verdicts against Stephen Graham, Timothy Whiston and John Whelan who were being prosecuted by the Financial Conduct Authority (FCA) for alleged conspiracy to make misleading financial statements, the Financial Times reported.

Patrick Cryne, a former chairman, who was not before the court in either trial due to ill health, was also...

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government departments

Government departments eh?

They were successful in spending the budget which is what counts.

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