City watchdog ran up £5.9m bill pursuing iSoft case

THE City regulator the Financial Conduct Authority and its predecessor the Financial Services Authority, spent nearly £6m investigating and prosecuting four former bosses of software firm iSoft, it has emerged.

A Freedom of Information request submitted by Manchester law firm Pannone, which represented former iSoft finance director John Whelan, who along with ex-colleagues Tim Whiston and Steve Graham was cleared after a second trial collapsed - reveals the bill that was run up by the watchdog,

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