One of the music industry's leading accountants avoided contempt of court proceedings at the final hour last week after it was alleged monies have left the accounts of the group Suede.

Under the terms of a court order obtained against him by the band's management company Interceptor Enterprises, FR Dixon & Co partner Frank Dixon had been required to open the group's financial books to scrutiny by late Friday afternoon. He is believed to have avoided contempt proceedings by supplying ...