FORMER Rangers commercial director Imran Ahmad who saw charges of fraud conspiracy dropped is suing the chief constable of Police Scotland and the Lord Advocate for £2m over wrongful prosecution.

Police Scotland have confirmed that they have been notified of the court action by Mr Ahmad, who lives in Pakistan.

It brings the number pursuing police and prosecutors over their case to four.

It comes after former Rangers chief executive Charles Green said he was also suing for wrongful arrest after charges were dropped.

The club's former administratiors David Whitehouse and Paul Clark are also making as separate claim.

The Herald revealed in February that Rangers chief executive Charles Green and finance chief Imran Ahmad were to face no further proceedings in connection with the club fraud and conspiracy case as prosecutors say there is "now no evidence of a crime".

The Herald:

The decision by the Crown Office finally marked the end of the two-and-a-half-year long proceedings which saw only Craig Whyte face trial and has led to no convictions.

Mr Whyte, who ended up being the last man standing in the long-running case, was cleared in the summer 2017 of all charges in connection with his takeover of seven years ago.

READ MORE: Lord Advocate faces Euro human rights claim over Rangers fraud arrests

But the Crown Office had consistently confirmed up till the end of 2017 that matters regarding Mr Green and Mr Ahmad remained under consideration and enquiries were continuing in the wake of Mr Whyte's acquittal.

That is despite the fact that the time limit on fresh charges under 65(1)(b) of the Criminal Procedure (Scotland) Act 1995 expired in September, 2016 and legal experts had said it would be very difficult to bring new charges arising from the two buyouts because of the time bar.

Mr Ahmad's lawyer Eric Baijal said: “Following inquiries to our client directly over the last few weeks, we can confirm that Imran Ahmad has initiated legal proceedings against the Chief Constable of Police Scotland and the Lord Advocate in relation to what he argues was a wrongful prosecution brought against him.

"Our client maintains he is entitled to significant damages as a result of the prosecution against him.

"As these proceedings are under way it would be inappropriate for our client to comment further at this time.”

A spokesman for Police Scotland said: "Police Scotland can confirm legal proceedings have been intimated. It would not be appropriate to comment further."

The Herald:

The original 15 charges in the Rangers case had covered fraud and conspiracy surrounding Mr Whyte's purchase of Rangers from Sir David Murray for a pound in 2011 and the buying of the club's liquidated assets for £5.5 million by the Sevco consortium four months after the business fell into administration in February, 2012.

In June, 2016, it emerged that there were to be no further proceedings against David Whitehouse, David Grier and Paul Clark, who worked for Rangers administrators Duff and Phelps and former club secretary Gary Withey, who worked for Whyte's London law firm, Collyer Bristow and advised Mr Whyte during his takeover.

It was confirmed that allegations against Mr Green, 64, and Mr Ahmad, 47, had been dropped, although Crown counsel said they were considering the position in relation to Green and later it emerged it was to both.

The Herald:

Among the dropped charges was an allegation that Mr Green appropriated for his own use and purposes the sum of £5.5 million which he had obtained by fraud and that he purchased the "business and assets of the club through its corporate entity Sevco Scotland Limited with money provided by investors to Sevco 5088 Limited without their knowledge and agreement."

 READ MORE: Ex-Rangers execs Charles Green and Imran Ahmad finally in the clear as club takeover fraud case ends

Also dropped were allegations of fraud and a conspiracy to commit serious organised crime over the Sevco purchase of the club's assets for a sum below its true market value depriving the creditors of rightful sums due to them.