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IBROX fugitive Imran Ahmad has transferred the title deeds of his family home to his wife as he continues to dodge a police probe.

The ex-Rangers commercial boss handed legal ownership of the £1.4million house in Hertford to wife Fahmeeda in March.

It could be a bid to avoid any attempts to freeze his assets in connection with his role in the controversial takeover of Rangers in 2012.

Or the move could be a way bid to keep his finances at arm’s length from creditors if any wrongdoing is established in a forthcoming criminal trial.

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Title deeds to the five-bedroom, five-bathroom detached home were transferred to Fahmeeda Ahmad on March 13 this year – a month after Ahmad, 45, put his black 1989 Carrera Porsche up for sale.

The house was previously registered to Sheik Imran Ahmad, his full name. He paid £1.095million for the plush

property in October 2007.

It sits on an exclusive estate where houses regularly change hands for seven figures.

The value of the Ahmad house is estimated to have grown by £300,000 in the last eight years.

A legal source said: “There doesn’t seem to be any explanation why Ahmad is selling and transferring his assets but it’s not uncommon for this to be done by a person who thinks they are going to be sued or an organisation or authority could seek to freeze his assets.

“Basically, the less you have the less they can take.

“In the event of any criminal prosecution, a person’s assets would be taken into account in any application for legal aid, which would be useful if the trial was to prove very expensive.”

The home is also the registered business address of Albans Capital Ltd, whose sole director is listed as Sheik Imran Ahmad. It’s believed Albans is the name of one of the houses at Haileybury College, Hertford, the private school where Ahmad was educated.

He named one of his former companies, Allenby Capital, after another house at the £31,000-a- year school.

Ahmad is wanted by police in connection with alleged fraud at Rangers three years ago.

There is a warrant for his arrest but he says he will not return to the UK over fears he won’t get a fair trial.

The Record recently tracked him to his mum’s house on an upmarket, military-owned complex in Karachi, Pakistan – but his response was simply to tell our reporter to “f*** off.”

Ahmad acted as commercial director at Rangers under chief executive Charles Green after the sale of the club’s assets in 2012 and left in April 2013.

Green, former Ibrox owner Craig Whyte and two others have appeared in court in connection with alleged fraud and serious organised crime. Ahmad also faces charges but has yet to appear in court.

Ahmad was unavailable for comment yesterday. A woman at his mother’s home said he

had gone to Dubai.

A Crown Office spokesman said: “A warrant has been issued for his arrest and steps are being taken to enforce that warrant.”