Scottish Government ministers have "squandered" £200 million of taxpayers' money on nationalising a shipyard firm at the centre of the current ferry fiasco, its former owner has claimed.
Jim McColl has written to the Holyrood committee probing the Glen Sannox and the as-yet unnamed hull 802 following Nicola Sturgeon's evidence earlier this month.
The two ferries are late in being completed and the potential cost could exceed £300m - three times the initial £97m contract. Audit Scotland has warned of a “multitude of failings” in the delivery of the two boats, which are still under construction at the publicly-owned Port Glasgow shipyard.
