Ex-JJB boss 'took out £3m in loans'

Updated
JJB gets breathing space over sale talks
JJB gets breathing space over sale talks

%VIRTUAL-SkimlinksPromo%The former executive chairman of the now defunct JJB Sports chain took out £3 million in loans from two other well-known retail figures when he was heavily in debt, "possibly due to gambling", a jury has heard.

Sir David Jones went on trial today accused of making false statements to the market in relation to two £1.5 million loans.

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