GLASGOW Taxis boss Stephen Flynn has confirmed all money has been paid back following his suspension amid an inquiry into finances.

As revealed in the Evening Times, an issue connected to £10,000 of advance wages has prompted a probe at the taxi company.

But Mr Flynn, chairman of Glasgow Taxis, has now spoken out to give his side of the story.

READ MORE: Glasgow Taxis boss Stephen Flynn suspended amid ongoing investigation

He said: "It is right to say there was an advance of wages but all the money has been paid back.

"We have been audited and the accounts signed off by all members of the board.

"There is a note about this in the AGM booklet so everything is transparent and nothing being hidden from our members."

The Glasgow Taxis Ltd AGM (Annual General Meeting) will be held at the Crowne Plaza Hotel at 7pm on Monday.

For all your breaking Glasgow news, click here, or head to our Facebook, Twitter and Instagram pages

Mr Flynn said any questions from members will be answered.

The incident has not been reported to the police and is being handled internally by the firm.