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15 Nov 2010, 12:33 pm by Legal Beagle
AUDIT SCOTLAND are investigating claims Scottish Borders Council acted negligently & recklessly in investing a staggering £10 million pounds of taxpayers money in the now collapsed Icelandic banks. [read post]
27 Sep 2011, 11:50 am by Legal Beagle
Judgement lacking : Tory-Libdem controlled Scottish Borders Council invested & lost millions of pounds of taxpayers money in Icelandic Banks with links to Russian organised crime gangs. [read post]
12 May 2012, 4:51 am by Legal Beagle
– Ed).Since 2002, a multitude of scandals have hit Scottish Borders Council, from poor financial management to massive multi million pound losses in bankrupt Icelandic Banks, allegations of bullying, massive debts reported to be in the hundreds of millions of pounds, individuals councillors charged with criminal offences while other councillors pursued personal vendettas against members of the public, and more recently, scandals involving the sacking of it’s very own… [read post]
12 May 2012, 4:51 am by Legal Beagle
– Ed).Since 2002, a multitude of scandals have hit Scottish Borders Council, from poor financial management to massive multi million pound losses in bankrupt Icelandic Banks, allegations of bullying, massive debts reported to be in the hundreds of millions of pounds, individuals councillors charged with criminal offences while other councillors pursued personal vendettas against members of the public, and more recently, scandals involving the sacking of it’s very own Chief… [read post]
22 Jan 2011, 9:39 am by Legal Beagle
Mr Chisholm said : “I said right from the outset that I did not expect the Audit Commission to investigate the loss of over £2 million resulting from Scottish Borders Council’s reckless investment in two Iceland banks. [read post]
30 Apr 2011, 10:05 am by Legal Beagle
”An investment analyst further indicated it was well known at the time in 2008 the Icelandic banks were in trouble and may go under. [read post]
Facts In 2000, Scottish Widows, a new company within the Lloyds TSB banking group, acquired the principal assets and liabilities of the life assurance business of the Scottish Widows’ Fund and Life Assurance Society (the “Society”).   [read post]
Facts In 2000, Scottish Widows, a new company within the Lloyds TSB banking group, acquired the principal assets and liabilities of the life assurance business of the Scottish Widows’ Fund and Life Assurance Society (the “Society”). [read post]
31 Mar 2009, 7:01 am
This was typical of about £800 million of investments made by the Dunfermline. [read post]
13 May 2012, 5:26 am by Legal Beagle
The murky incident of Mr Hume’s departure was reported HERE and more recently HERESCOTTISH BORDERS COUNCIL : THE TORY LIBDEM YEARS LAID BARESince 2002, a multitude of scandals have hit Scottish Borders Council, from poor financial management to massive multi million pound losses in bankrupt Icelandic Banks, allegations of bullying, massive debts reported to be in the hundreds of millions of pounds, individuals councillors charged with criminal offences while other councillors… [read post]
13 May 2012, 5:26 am by Legal Beagle
The murky incident of Mr Hume’s departure was reported HERE and more recently HERESCOTTISH BORDERS COUNCIL : THE TORY LIBDEM YEARS LAID BARESince 2002, a multitude of scandals have hit Scottish Borders Council, from poor financial management to massive multi million pound losses in bankrupt Icelandic Banks, allegations of bullying, massive debts reported to be in the hundreds of millions of pounds, individuals councillors charged with criminal offences while other councillors… [read post]
20 Jun 2011, 10:05 am by Legal Beagle
THIRTY FOUR COUNCILLORS at Scottish Borders Council have ‘racked up’ a staggering THREE QUARTERS OF A MILLION POUNDS in salaries & expenses at the South of Scotland local authority which has recently gained consent to borrow nearly THREE MILLION POUNDS from the Scottish Government’s Consent to Borrow scheme (otherwise known as buying off a council tax freeze scheme - Ed) to fund generous severance packages & cover up multi million pound losses in a… [read post]
13 Apr 2009, 5:52 am
Rights issues undertaken by the two Scottish banks, as well as the building society Bradford & Bingley, are also likely to be closely scrutinised. [read post]
8 Apr 2009, 7:18 am
MP David Mundell, the shadow Scottish secretary, called on Chancellor Alistair Darling and Scottish Secretary Jim Murphy to rein in the bank's "cavalier approach" to job-loss announcements. [read post]
30 Jul 2013, 5:29 am by Legal Beagle
Money recovered under the Proceeds of Crime Act is invested by Scottish Ministers. [read post]
16 May 2011, 1:13 pm by Blog Editorial
The three linked appeals, Scottish Widows plc v Commissioners for Her Majesty’s Revenue and Customs (Scotland), Scottish Widows plc No.2 v Commissioners for Her Majesty’s Revenue and Customs (Scotland) and Scottish Widows plc (Respondent) v Commissioners for Her Majesty’s Revenue and Customs, will be heard in the Supreme Court this week by Lord Hope, Lord Walker, Lady Hale, Lord Neuberger and Lord Clarke. [read post]
1 Jul 2012, 3:40 am by Legal Beagle
£262 MILLION POUND DEBT MOUNTAIN AT SCOTTISH BORDERS COUNCIL :While key officials at Scottish Borders Council fight to maintain their long held positions and the secrecy over the love affair between key officials running the Council at a critical time, and a rumoured significant financial payoff and murky departure circumstances of particular staff, Scotland’s Finance Secretary John Swinney heaped more pressure on SBC by revealing to Holyrood the true extent of… [read post]
27 Oct 2017, 8:00 am by Legal Beagle
NESG was heavily in debt to banks and to NERR whose directors had a major stake in NESG and were basically keeping New Earth Solutions afloat by providing a total of £39 million to that company. [read post]
6 Feb 2013, 4:33 am by Legal Beagle
He has held a range of prominent posts in the commercial and financial arenas and is currently Chairman of the Weir Group, Scottish and Southern Energy, Green Investment Bank and the organising committee of the Glasgow 2014 Commonwealth Games. [read post]
24 Jul 2012, 9:11 am
  Today's game, with its vast investment and commercialism have inevitably raised the stakes. [read post]