A businessman accused of paying pnds stlg two mill

A businessman accused of paying pnds stlg two million in bribes to secure an exclusive supply deal with Co-op supermarkets has been cleared by a jury.

Monaco based distributor Andrew Regan, 37, was said to have raided his company’s bank accounts to pay the cash into secret off-shore slush funds.

But the jury at Snaresbrook Crown Court cleared him of theft today (Weds) after 11 hours and 44 minutes deliberation.

Regan claimed he was the victim of an elaborate sting organised by by the two Co-op managers who were both jailed last year for corruption.

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