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MHK to quiz Treasury over EuroManx support

Tue, 26 Apr 2016


Was Treasury's decision to give financial support to EuroManx before it folded "financially sound" and "justified"? 
 
That's one of three questions an Onchan MHK will put to the Minister in the House of Keys today. 
 
Peter Karran also wants to know how much money was recovered and paid back to the public purse after it went into liquidation in 2008 and if Treasury knew of its alleged £20 million overdraft. 
 
He says the company owed a substantial amount of money to the taxpayer and he wants to ensure they're protected:
 

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  • Peter Karran MHK

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