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Accountant pleads guilty to stealing £1.2m

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8th Feb 2013
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An accountant pleaded guilty to stealing more than £1.2m from his employer to fund amateur dramatics and luxury holidays for him and his bosses.

David Johnston told Peterhead Sheriff Court how he stole the money over a 10-year period from oil and gas service firm Capelrig in Aberdeen.

The money allowed Johnston to fund his own amateur dramatics production and pay for luxury holidays for his bosses. 

He pleaded guilty on the basis he acted with managing director Brian Hill and his wife and general manager Rosemary, but both deny any wrongdoing.

A police investigation has ruled out their involvement.

However, Johnston said the Hills told other managers and bosses in the company that they could get cheap holidays because of "theatre connections" and that Brian allowed company money to be moved to his personal account.

Between 1998 and 2008, Johnston stole the money undetected by employers. 

He left the company in 2008 when it was about to be sold, apparently fearing buyers' checks would reveal his scam.

Following his departure, he sent a letter through his lawyer to the Hills, warning of this.

Scottish publication The Daily Record reported that he said: "I didn't want to spend the rest of my life looking over my shoulder." 

The case continues.

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