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Daily Record
Daily Record
National
John Ferguson

Scotland’s National Investment Bank boss quits day questions asked over £50m tax haven revelations

Eilidh Mactaggart Scotland Sunday Mail Gresham House Nicola Sturgeon Scottish Government SNIB Willie Watt

The head of Scotland’s National Investment Bank resigned the day the Sunday Mail asked questions over £50million ploughed into a tax haven-linked firm.

Eilidh Mactaggart said she was leaving on January 27, the day we approached the SNIB for comment on revelations the taxpayers’ cash was handed to Gresham House to invest in a forestry fund aimed at “high net-worth” clients seeking “tax-efficient structures”.

Government officials were then informed of the Scottish National Investment Bank (SNIB) chief executive’s decision on January 31 - the day after our story was published.

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