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View Full Version : Labour call for Audit on PFI scandal



BetterTogether
29-Jul-15, 11:09
It seems labour are grasping the nettle on the increased off the book capital building projects undertaken by the SNP


http://www.scottishlabour.org.uk/blog/entry/audit-scotland-must-urgently-investigate-what-has-gone-wrong-on-the-snp-gov

rob murray
29-Jul-15, 14:04
It seems labour are grasping the nettle on the increased off the book capital building projects undertaken by the SNP


http://www.scottishlabour.org.uk/blog/entry/audit-scotland-must-urgently-investigate-what-has-gone-wrong-on-the-snp-gov

Sigh sigh sigh ....more lies and deciet, has there ever been a more lying duplicous shower in government...ever...hell they make the Tory hang em and flog brigade look like the WRI !
Before the SNP took office Nicola Sturgeon (http://news.bbc.co.uk/1/hi/programmes/question_time/6046338.stm) claimed the SNP's changes would save the taxpayer money and see an increase in public sector involvement.
"In government the SNP will act to end the crippling costs of PFI borrowing.
"Our proposal for a Scottish Futures Trust will see greater use of public bond issues so that our public services can have access to lower cost borrowing. Our public assets can be held in trust for the nation all without the unnecessary private profit that is part and parcel of PFI."
But in fact, the complete opposite has happened.The SNP Government has proposed a new funding model for ‘hub’ capital projects, which involves greater private control, in order to be able to classify these as "off balance sheet". Capital projects include the building of schools, hospitals and roads. Public sector involvement in these ‘hub’ projects has been reduced to just a 20% stake, with private firms making up 60% and the remaining 20% in the hands of private charities. Changes have also been made to the model used for other key capital projects like the Aberdeen Western Peripheral Route and the Dumfries and Galloway Infirmary. The Guardian's investigation reports that the first 24 projects in the SFT's 'hub' programme will cost the taxpayer 10 billion in borrowing and running costs between now and 2048. -

See more at: http://www.scottishlabour.org.uk/blog/entry/audit-scotland-must-urgently-investigate-what-has-gone-wrong-on-the-snp-gov#sthash.uYD2AO1Z.dpuf