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Committee to look into £26 million loss

A committee has resolved to look at a £26-million fund loss and see whether further investigation is needed.

The Public Accounts Committee confirmed the news regarding the Media Development Fund.

The PAC have added they believe they have a 'duty to taxpayers' to look into the matter.

Speaker for the House of Keys, Juan Watterson, says he intends to put forward a motion to Tynwald on the subject in October.

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