Freeport founder Sean Collidge has been branded a liar by a High Court judge. Sunday Times

Court documents that accuse Sean Collidge of forgery, perjury and attempting to pervert the course of justice should now be handed over to the Department of Public Prosecutions, Mr Justice Jack declared after a ruling on Friday.

Mr Justice Jack said: 'I am satisfied here that Mr Collidge did dishonestly obtain expenses from Freeport on a number of occasions which, taken together, would have justified his summary dismissal.'

Collidge, who lives in Monaco, could face jail if he is found guilty of perjury.