Scottish National Investment Bank, announced by Sturgeon, and the ‘brainchild’ of financial ‘wizard’, disgraced Derek MacKay, who, incidentally made unregulated appointment of banker, Benny Higgins, and side stepped Parliamentary scrutiny and that of the public ... > Thread 1/4
2/4 .... ombudsman. Higgins in turn, appointed now Chair, and fellow banker, Willie Watt.
The SNIB is wholly owned by ‘Scottish Ministers’ (Company No SC677431), who control a 75% shareholding. Eilidh Mactaggart has been appointed CEO on a salary of £225k pa., and .... 2/4
3/4 ..... a further 8 non-exec directors earn £21,250 each for ..... 25 days work a year. £2bn of taxpayers money will be sunk into SNIB over next 10yrs, to ‘invest’ in business ‘projects’, which Ministers will approve for their ‘pet’ projects. .... Based on the above .... 3/4
4/4.. and ScotGov past performance (Fergusons, Prestwick, Sick Kids Hospital, etc.), this has all the makings of another SNP ‘sham’ vehicle, creating tax funded banking positions for partisan ‘pals’, to fund the businesses of ‘pals’, & promote Indy #SNPaccountability #SNPnepotism
You can follow @KeepUKtogether.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: