The High Court has today ordered the SFO to pay the Defendants’ costs of the failed Celtic Energy prosecution. The costs exceed £7 million. They will be assessed by the High Court.

The Defendants, a retired consultant solicitor, Eric Evans, his professional partner, Alan Whiteley, and assistant solicitor, Frances Bodman, had set up a complex commercial transaction involving opencast mining sites and restoration obligations. A fifth defendant, Stephen Davies QC, had advised on the legality of the scheme. Central to the scheme was Celtic Energy Ltd, South Wales’ most successful mining company, whose 100% shareholder, Richard Walters, and their finance director, Leighton Humphreys, were also charged.

Mr Evans and Mr Humphreys had always vehemently denied having done anything wrong and were indeed keen to show that their conduct was commercially adept.

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