ROBERT MURAT, the first named suspect in the disappearance of Madeleine McCann, has settled libel claims against several British news outlets for £500,000.

Lawyers acting for Mr Murat, 34, an Algarve-based property consultant, announced the libel action in April.

Law firm Simons, Muirhead and Burton confirmed that a statement would be read at the High Court, but refused to comment further.

The media outlets named in the original libel action were Sky, the Daily Express, Sunday Express, Daily Star, Daily Mail, Evening Standard, Metro, Daily Mirror, Sunday Mirror, News of the World, The Sun and The Scotsman.

In May, Mr Murat secured an apology from The Scotsman for a piece it ran about the disappearance of four-year-old Madeleine from Praia da Luz in Portugal last year.

The reported settlement follows legal action by Madeleine's parents, Gerry and Liverpool- born Kate, which led to front-page apologies from the Daily Express and Daily Star in March.

The newspapers also agreed to make payments to the couple’s Find Madeleine fund.

Mr Murat, who owns a villa 150 yards from the flat where Madeleine went missing, was first questioned about the case 11 days after she disappeared.

He strenuously denied any involvement, saying he was at home with his mother at the time.

A spokeswoman for Sky said the TV station was not involved in the current legal action, and had not been served any papers by Mr Murat’s lawyers.