Ministers need to answer gathering loan questions
June 23, 2010 5:43 PM
Originally published by Scottish Liberal Democrats
Originally published by Scottish Liberal Democrats
Commenting on the Audit Scotland report into the handling of The Gathering, Liberal Democrat Tourism spokesman Iain Smith said:
"There are serious questions that need to be answered by Ministers as to why a loan of £180,000 was made to the Gathering without completing robust checks of the company's ability to repay it, or seeking enough information from steering group members.
"Ministers also need to explain why they did not seek professional advice on the loan's legality.
"A large number of small companies in Edinburgh have been left out of pocket as a result of the Gathering and they will be concerned that the Government have thrown public money at this company without conducting due diligence."
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