The payout is believed to be by far the biggest in relation to Operation Midland. A statement from Mr Proctor and his lawyers said the settlement was also believed to be the largest ever made by a British police force for negligent behaviour, other than in cases where the victim had been imprisoned.
Mr Proctor said he had been advised that he could receive more compensation by going to court. However, he said: "I am heartily sick of these police and their mealy-mouthed apologies to me and I did not want to take a fortune from public funds. Mark Stephens, one of Mr Proctor's lawyers, said the case was about a "vindication of Harvey Proctor" as well as repairing the "real losses" he experienced.
As the only surviving figure who was wrongly accused by Beech, Mr Proctor said he also spoke "for the those whose voices have been stilled". He reprimanded the force for believing Beech for too long, Detective Superintendent Kenny McDonald for announcing publicly that Beech's claims were "credible and true", and officers for applying for search warrants with flawed information and for failing to close the investigation sooner. Confirmation of the settlement came after Mr Proctor announced he had reported five former Met officers to Northumbria Police in a bid to spark a fresh inquiry into the investigation.
Beech had falsely claimed that he and other boys were raped and tortured in the s and 80s by members of a VIP paedophile ring. Brittan died before learning he had been exonerated. Beech is now serving an year prison sentence for 12 counts of perverting the course of justice and one count of fraud.
The Met was heavily criticised over Operation Midland in an independent review of the case by the former high court judge Sir Richard Henriques. Earlier this month, Proctor announced he had reported five former Met officers to Northumbria police in an effort to start a fresh inquiry into the investigation.
He is now serving an year prison sentence for 12 counts of perverting the course of justice and one count of fraud. Liverpool Women's Hospital: Three terror arrests after explosion kills one person and injures another. Queen misses Remembrance Sunday service after spraining her back - as PM and royals join veterans at Cenotaph. He reprimanded the force for believing Beech for too long, detective superintendent Kenny McDonald for announcing publicly that Beech's claims were "credible and true", and officers for applying for search warrants with flawed information and for failing to close the investigation sooner.
In a statement, Mr Proctor said: "I am heartily sick of these police and their mealy-mouthed apologies to me and I did not want to take a fortune from public funds.
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