An MHK has slammed government’s decision to bail out the Sefton Group calling it ill-judged and fundamentally unfair.
Last week it was announced that £1.3 million of taxpayers’ money is being lent to the group as part of a debt reduction programme.
The rescue package also includes government buying a car park which is costing £3.2 million.
It’s a decision that’s angered many with Michael MHK Alf Cannan saying he fails to see how the bailout of a publically listed company is the responsibility of the public.
He says it is simply unfair:
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