The SNP must explain their secret agenda to nationalise a failing ferry company. Documents have suggested that the SNP government ensured there was a ‘right to buy’ of failed shipyard Ferguson Marine when it gave the company a £30bn loan two years ago.
Former Finance Secretary Derek Mackay told Parliament that the loan was to help the shipyard ‘diversify’. However, it now appears that Mr Mackay misled Parliament and the public, as he knew the shipyard was in financial difficulties and the loan would create a path to nationalisation.
This saga throws up many questions - Derek Mackay must return to the Scottish Parliament and answer them.
Cllr Alastair Redman