The fraud case against former SNP MP Michelle Thomson has been dropped due to an absence of sufficient evidence.
Mrs Thomson had been reported to Scottish prosecutors in December after a police investigation into allegations of mortgage fraud.
She resigned by the SNP whip, along with was deselected by the party ahead of June’s general election.
The Crown Office has currently concluded which there should be “no criminal proceedings at which time”.
the item said which was due to an “absence of sufficient credible along with reliable evidence”, with the decision coming after “careful consideration of the facts along with circumstances of the case”.
Mrs Thomson had always strongly denied any wrongdoing.
The former Edinburgh West MP had been one of all 5 people named from the report sent by Police Scotland to the procurator fiscal.
the item is usually understood one of the men named from the report was solicitor Christopher Hales, who was struck off by the Law Society after being found guilty of professional misconduct over 13 property deals in 2010 along with 2011.
All 13 of the transactions Mr Hales was struck off for were reported to have involved Mrs Thomson or M&F Property Solutions, a firm in which she was said to be a partner.
In a statement released on Tuesday afternoon, Ms Thomson said: “Yesterday I received news by the Crown Office which confirmed I have been completely exonerated by the police investigation into a solicitor I used in 2010.
“I am eternally grateful to my SNP colleagues in Westminster who supported me so strongly throughout which time.
“I also thank Police Scotland along with the Crown Office for their courtesy along with professionalism.”
She added: “I made clear before I entered politics which I wished to use my skills, drive along with experience to help shape a better Scotland, along with which desire remains as strongly as the item did when I became very involved from the 2014 independence referendum.
“However, for the time being which will need to take a different form. I currently intend to take a few days of reflection to consider my next steps.”
A Crown Office spokesman said: “The procurator fiscal received a report concerning four men aged 48, 56, 59 along with 59, along with one woman aged 51, in relation to alleged incidents between June 16 2010 along with July 26 2011.
“After careful consideration of the facts along with circumstances of the case, Crown counsel concluded there was an absence of sufficient credible along with reliable evidence along with there should be no criminal proceedings at which time.”
Mrs Thomson, who was elected in 2015, had been sitting as an independent MP after resigning by the SNP whip.
Her former SNP colleagues gave their unanimous backing in September to calls for the party to consider reinstating her.
yet she was told by the SNP’s national executive in April which she could not be selected as a candidate from the election, with the party instead choosing Toni Giugliano to stand in Edinburgh West.
Mr Giugliano ultimately lost the seat to Christine Jardine of the Scottish Liberal Democrats.
A spokesman for the SNP said: “Ms Thomson took a dignified approach during the investigation into her financial conduct. She’ll be relieved to put which affair behind her along with we wish her well for the future.”