Titterton leaves stand
yesterday in Supreme Court, with lawyer Elizabeth Gloster QC -- representing the corporate defence team -- questioning Mr. Titterton the minutia of his cross-examination.
Mr. Titterton also made a brief statement to Puisne Judge Vincent Meerabux to the effect that his sale of preference shares in the period of March to April 1988, on which liquidators' representative Clare Montgomery QC had questioned him with regard to the security of Bermuda Fire, was, in fact, a strictly personal issue pertaining to the purchase of a new house.
This ended Mr. Titterton's testimony. Ms Gloster spent the remainder of the day presenting a hearsay statement from former Weavers of London director Alfie Bettis, which she said the corporate defendants had an unchallangeable right to submit to the court.
Titterton testimony Ms Gloster stressed that Mr. Bettis, who is overseas and unavailable for the trial, will not appear as a witness, but merely the maker of a hearsay statement whose relevance has become apparent during the course of the trial.
The case continues.
Glenn Titterton BUSINESS BUC