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How much due diligence was done into failed TT merchandising company?

How much due diligence was done into the failed TT merchandise company, Cube.

That was the question posed to the Enterprise Minister Tim Johnston in yesterday's Keys sitting.

He was asked what measures would be undertaken to recover funds owed to government by the company, and indeed how much is currently owed.

The Cube company went into liquidation shortly after TT, with significant debts - Minister Johnston insisted in the House of Keys that all proper checks were carried out, prior to awarding them the tender.

Douglas North MHK David Ashford said however he was able to find evidence of the companies problems following a very quick internet search:

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