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A former chairman of Guinness PLC was arrested.

May 08, 1987

Ernest Saunders, six months ago a high-flying business executive, was arrested by fraud squad officers in London on Wednesday night and held in a police cell overnight. He was freed in the afternoon until a hearing Tuesday on criminal charges of perverting the course of justice, destroying documents and falsifying papers during the Anglo-Irish brewing giant's successful takeover of the Scotch whisky firm Distillers Co. last year. Guinness directors fired Saunders in January.

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