Birmingham MD Brady re-arrested

The 39-year-old was questioned by City of London Police officers and released on bail.Brady was first arrested last April, along with the club's co-owner David Sullivan.The pair were questioned on suspicion of conspiracy to defraud and false accounting.In November 2007, officers arrested a series of high-profile figures in the national game in a controversial series of raids.A City of London Police spokeswoman said on Tuesday night: "A 39-year-old woman has been arrested on suspicion of a further offence as part of the ongoing football investigation."She said it was not possible to provide details of the offence, adding: "We have been working with HM Revenue & Customs (HMRC) from the outset of the investigation."The investigation has always focused on money laundering."The Fraud Prosecution Service has identified that tax offences may be involved."Brady, 39, became the UK's youngest football managing director when Birmingham City floated on the stock market in 1997.She is also chairman of Kerrang! magazine and non-executive director of Channel 4, Mothercare and Sport England.Birmingham City said they were not in a position to comment.The HMRC also said they would not be making any comment.

Source: Team_Talk