Redknapp controlled ‘bung account’

ON TRIAL Harry Redknapp and son Jamie arrive at Southwark Crown Court
ON TRIAL Harry Redknapp and son Jamie arrive at Southwark Crown Court
Police Car / Incident Stock Pic (Pic by Jon Rigby) SUS-150519-172740001

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HARRY Redknapp had sole responsibility for the Monaco bank account in the name of his dog, the trial into tax evasion charges heard.

The former Pompey manager was the only signature on records for the account at the centre of £189,000 bung allegations, a bank chief said.

Giving evidence via videolink at Southwark Crown Court David Cusdin, vice-president of HSBC in Monaco between 2000 and 2005, said Redknapp had flown to the principality to open the account.

‘I was certainly aware of his visit - it was quite possible that I didn’t open the account, it was one of my team - but I was certainly aware of the visit,’ Mr Cusdin told the court.

‘I don’t have a recollection – but I could well have shaken his hand at the meeting.’

Mr Cusdin had met Milan Mandaric on several occasions, the court heard.

The ex-bank chief said he had known Mandaric since the football chairman had sold club Nice in France.

‘We had regular contact as clients and account officers would,’ he said.

He added: ‘Mr Mandaric, is a perfect gentleman... he would always ring prior to the visit.’

Redknapp opened a ‘non-advisory account’ with HSBC in Monaco in 2002, the court heard.

John Black QC, for the prosecution, asked: ‘Is it necessary for the client to be present?’

Cusdin replied: ‘Normally, yes. The client would have to be present.’

The banker added that ‘in this case, it is a single person on the account ... one signature on the account.’

Cusdin said he was responsible “for private English-speaking clientele” during his time with the bank in Monaco.

Redknapp, of Panorama Drive, Poole, Dorset, and Mandaric, 73, of Stretton Hall, Oadby, Leicestershire, deny two counts of cheating the public revenue during their time at Portsmouth Football Club.

The first charge alleges that between April, 2002 and November, 2007 Mandaric paid $145,000 (£93,100) into the account.

The second charge relates to a sum of $150,000 (£96,300) allegedly paid between May, 2004 and November, 2007.