Vaghela was Group Finance Director of Trinity Mirror at the time of giving evidence. He joined Mirror Group in 1994 as an Internal Auditor and was subsequently Group Treasurer and then Director of Accounting and Treasury. He outlined the status of Trinity Mirror, which was listed on the UK Stock Exchange with no single proprietor or shareholder with a controlling stake. He said he had never felt under commercial pressure beyond promoting the success of the group through strategies that were lawful in all respects. All staff had to abide by Mirror's Code of Business Conduct which prohibited bribery, he said.
