Mrs MacVicar said outside court that she was pleased a settlement had been reached, adding: “The court has done us justice.”
It had been feared that if a criminal confiscation order was granted, the rest of the money MacCallum was due to repay would have gone to the Treasury.
Falkirk Sheriff Court was told it had been agreed with MacCallum’s lawyers that confiscation proceedings should be paused to give her until March to repay the remaining outstanding funds – £60,000 to Rainbow Valley and £9,505 to the Anthony Nolan Trust.
Advocate Sarah Loosemore said MacCallum, who was not present in court, had undertaken to do so, and simply required three months to liquidate the funds.
She said: “The best place for this money is for it to go back to the charities.”
Mr Rashid said that if the money was repaid by March 2025, court action by the Crown under the Proceeds of Crime Act would be withdrawn.
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