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Police yesterday began an inquiry into solicitor Christopher Hales, who was struck off following a tribunal last year after he acted for Mrs Thomson's property company in a series of deals in the years 2010-11 which raised questions over possible mortgage fraud.Michelle Thomson's short political career appeared to be in ruins last night as she stood down as the SNP's business spokesman, and she has withdrawn from the whip at Westminster.
Solicitor Christopher Hales acted in 13 property transactions involving Ms Thomson's firm, M&F Property, that saw him being reported to the Serious and Organised Crime Agency by the Law Society in 2011.
The Edinburgh West MP has denied any wrongdoing in the transactions which led to Mr Hales being struck off following a Scottish Solicitors' Discipline Tribunal judgment that concluded he "must have been aware that there was a possibility that he was facilitating mortgage fraud".
Ms Thomson was the SNP's business spokeswoman at Westminster and has expressed her desire to have her party membership reinstated once the investigation has concluded.
She said: "In light of the amount of uninformed speculation about me during, and since, the Scottish parliamentary election campaign, I feel it necessary to give a public update on my position."I resigned the SNP whip in September 2015 in order that Police Scotland could conduct their inquiries into the solicitor Mr Christopher Hales.
Business for Scotland refused to continue payments for 'consultancy' work, but came to a deal that allowed her to stay on unpaid as "Managing Director" for press purposes in order to avoid discrediting Bf S before the referendum.